Lending & Credit

China’s new risk classification to improve banks’ transparency over bad loans: S&P

S&P estimated an NPA ratio of 7.6% as of end-2022 vs reported NPL ratio of 1.71%.

China’s new risk classification to improve banks’ transparency over bad loans: S&P

S&P estimated an NPA ratio of 7.6% as of end-2022 vs reported NPL ratio of 1.71%.

High interest rates carry DBS to record net profit of $6.14b in 2022

Total income surpassed S$16b for the first time in the bank’s history.

How digital mortgages will overhaul traditional banking models

Traditional banks will have to overhaul their branch-based models to appeal to modern homebuyers.

DBS secures China central bank funding for lending to green projects

PBOC will provide financial institutions with funds equal to 60% of a loan's principal.

Indian banks’ Adani exposure minimal: Moody’s

Eexposure is less than 1% of banks’ total loans, the ratings agency estimates.

Chart of the Week: New Zealand’s BNPL market value to reach $1.2b in 2023

By 2026, the transaction value is expected to grow to $1.9b.

Intent vs ability: Why lending models must be revised to foster financial inclusion

Current mechanisms leave out SMEs and MSMEs from accessing much-needed credit.

Malaysian banks troubled by weak loan growth in 2023

Loan applications contracted 16.1%, according to UOB Kay Hian. 

Natixis names William Xiong as new head of loan syndicate for APAC

Xiong first joined Natixis CIB’s loan syndication team in 2017.

Bank of the Philippine Islands' issues $373m fixed-rate bonds due 2024

BPI Rise Bonds have an interest rate of 5.75% per annum.

UnionBank net income up 12% to $233.59m in 2022

Revenue hit a record high, whilst consumer loans rose after acquiring Citi’s assets.

Thailand's KBank targets 5-7% loan growth in 2023

Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.

High inflation, interest rates may increase Southeast Asian banks’ loan problems

Both asset quality and profits will weaken but should be manageable, says Moody’s.

Less than 10% of global energy financing went to renewables: study

Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.