Lending & Credit

SMBC hires ex-Nomura banker as head of APAC private credit distribution

Yew Chuan Sim will lead the bank’s distribution efforts in APAC.

SMBC hires ex-Nomura banker as head of APAC private credit distribution

Yew Chuan Sim will lead the bank’s distribution efforts in APAC.

Maybank Singapore approves landmark US$100m green-linked Islamic loan

Maritime transportation services company AET will use it to reduce GHG emissions.

Banks to see $1.68t of credit losses in 2024-2025

Banks globally are expected to lose $824b in credit losses in 2024.

Public Bank net profit up 14.3% to $1.08b in 9M 2023

Total loans rose faster than the Malaysian banking industry average.

South Korea interest rates for new deposits, loans rose in October: BOK

The interest rate for outstanding amounts of deposits and loans also rose.

GCash, agrifisheries platform Mayani to offer loans to rural farmers, fisherfolk

They will jointly underwrite and facilitate loans to Mayani’s 144,000-strong network.

Korean banks’ delinquency ratio drops to 0.39% in September

The bad loan rate of corporates rose compared to August.

PH’s Sarangani Rural Bank ex-officers charged for breaking banking law

They have been sentenced to 5 years’ imprisonment and fined up to $877 each.

Thai banks’ profits improve in Q3, but bad loans also rose

Authorities to monitor debt serviceability of SMEs and households.

Digital loan platform Lendela secures $5m in funding round

Chocolate Ventures and Cocoon Capital led the round.

Hong Kong lending market rebounds, but bad loans also rise: study

Customers seem to be choosing banks over money lenders.

South Korean financial firms to tighten lending standards in Q4: survey

The 18 banks polled indicated that they will be pickier on approving loans.

DBS unveils financing solution to boost SMEs’ sustainability ventures

The DBS Eco Renovate Loan allows SMEs to finance up to 100% of their expenses related to sustainability.

Chuseok, mortgage demand drive up Korean banks’ lending in September

Home mortgage demand grew by $4.49b (KRW6.1t) in August.

Malaysian banks face flattish NIMs amidst slower-than-expected loan growth

Dividend yield will remain attractive, however, says UOB Kay Hian.

Funding Socities | Moldaku raises $27m in debt

AlteriQ Global, Augment Capital Partners, and Orange Bloom participated in the fund raising.