Lending & Credit
8 in 10 Filipinos say formal credit options more accessible in 2023: Digido
At least 1 in 2 respondents had an outstanding loan from a formal lender.
8 in 10 Filipinos say formal credit options more accessible in 2023: Digido
At least 1 in 2 respondents had an outstanding loan from a formal lender.
Zhongzhi bankruptcy amplify contagion risks of non-bank wealth management products: analyst
Shadow bank Zhongzhi filed for bankruptcy in January 2024.
South Korean bank’s corporate lending fell in December: central bank
The Bank of Korea blamed this on seasonal factors.
Bank lending to Korean households rose slower in December
Home mortgage lending continued to expand, but other loans contracted.
Philippine bank lending up 7% in November 2023
Loans to production activities rose thanks to a growth in real estate and energy activities.
Eight in 10 Filipinos are optimistic about formal credit options
However, 42% said there were no changes in the accessibility of formal credit alternatives.
Taiwan domestic banks extended more loans in November
The bad loans ratio fell by 0.01 percentage point, according to the FSC.
South Korean banks’ bad loans ratio up in October
The proportion of bad loans rose whilst resolved loans decreased by around US$1.29b.
Malaysian banks see corporate, household loan growth in November
Outstanding loans extended to SMEs expanded by 7.9% during the month.
Mizuho introduces new medium-term targets for financed emmissions
The new targets are in the automotive and maritime transport sectors.
Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas
And Germany seizes $790m from the bank account of a Russian financial institution.
South Korean banks’ total capital up 1.3% to $3.4b in Q3
Authorities warned of volatile financial markets.
Philippine banks sees lending go up by 7.1% in October
Loans for production activities rose during the month.
Unlocking the potential of sustainable lending in Asia
Aligning lending practices with rising sustainability expectations is gaining traction in Asia, but accelerating the green transition will require...
Property exposure risks remains Cambodian banks’ Achilles heel: analyst
Profitability will remain under pressure due to stiff competition and high costs.
Malaysia’s CIMB Bank unveils personal loan service for EPF members
They can receive up to RM50,000 in financing.
Corporate lending in South Korea rise in Q3
Depository corporations increased industrial lending by approximately US$24.41b