Lending & Credit

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.

Public Bank commits $229.7m financing for SMEs

Public Bank is the largest financier of SMEs in Malaysia based on market share.

BRI may miss micro loan growth target amidst asset quality concerns

Micro loans were down 0.9% quarter-on-quarter in Q2.

Malaysia's private loans grew 5.5% in July

Growth of working capital loans drove up the number of business loans.

Bank of China to weather potential losses, asset quality strains: S&P

Bad loans ratio for its mainland property loans has shrunk to 4.94% in June 2024.

Agricultural Bank of China to withstand property crunch

Exposure to the mainland property sector has shrunk to 3.67% of its loan book.

UnaFinancial reaches $2b in loan disbursements

At least 65% of its 17.7 million customers get another loan from them.

Banks must expand net zero targets, set clearer O&G goals: org

Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.

PH banks’ loans up 10.4% in July

Growth of loans to residents slowed over the month.

BCA walks the talk on sustainable finance

The Indonesian bank considers the environment and governance in its lending decisions.

Thaioil takes up sustainable deposits, linked swaps with SCB

Funds from deposits will support projects that reduce environmental impact.

Thailand’s loan growth slows to 0.3% in Q2 as SME loans contract

The central bank said there is a need to continue to monitor SMEs’ debt serviceability.

South Korea unveils new credit blocking program against phishing scams

Voice phishing scams reportedly amounted to over $146m in 2023.

CIMB launches green loan for SMEs

They can receive rebates of up to 0.4% depending on their targets.

MUFG invests $338.5m in India’s DMI Finance

DMI Finance has provided loans to 15.2 million customers in India as of March 2024.

South Korean banks’ net income down 11% in H1 

Interest income grew but net interest margin (NIM) dipped. 

Aussie mutual lenders may consolidate to fewer than 10: analyst

Up to 40 mutual lenders may consolidate and potentially disappear, said S&P analyst Lisa Barrett.