Lending & Credit

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

Hong Kong banks reminded they may engage with virtual asset entities: central bank

There have been more comments from foreign firms on the difficulties of opening a bank account.

Vietnam’s Techcombank sees net profits slide 17.1% in Q1

Net interest income fell, but net fee income rose.

How will China’s new rules on asset classification affect banks?

The new measures expand on classifying asset risks of banks.

Chinese banks' bad loans to hit $95b in 2024

Stress from property sector continues to weigh.

Digital finance platform Funding Societies has disbursed $3b of funding to SMEs

The company offers lending, payments, and collections services.

Hong Kong new-to-credit market tread path to recovery

The city reported 127,000 NTC customers in 2021.

ADB and GEAPP commit $35m towards clean energy

The partnership targets to have clean energy access and transitions within South and Southeast Asia.

MUFG halfway to its 2030 sustainable finance target

The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.

Cambodia’s Phillip Bank teams up with property development Sarita Waterside

Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.

MUFG Bank invests over $230m in Indian fintech DMI Finance

It has serviced over 11 million customers as of end-2022.

Mitsubishi UFJ postpones AT1 bond issuance after Credit Suisse wipeout: report

It plans to issue by late April or mid-May instead, according to a spokesperson.

Standard Chartered arranged $89.6m green loan for Vista Shipping

The funds will be used to buy two LNG-dual fuelled vessels.

OCBC has disbursed S$3.5b under Eco-Care Loans 

Two thirds of Eco-Care Home Loan customers live in HDBs.