Lending & Credit
Malaysia, Indonesia sukuk markets to slow in near-term: Fitch
Issuance in core markets, which include the two countries, fell 14.4% in Q3.
Malaysia, Indonesia sukuk markets to slow in near-term: Fitch
Issuance in core markets, which include the two countries, fell 14.4% in Q3.
China new bank lending rise in September: report
Household loans rose to CNY650.3b in September.
Thai banks’ recovery besieged by inflation, weakening currency: S&P
The tourism hit has affected income levels, which would borrowers’ ability to pay.
60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch
Basel’s current framework encourages continued build up of risk, the nonprofit warned.
Banks’ commercial real estate woes in China to persist for two more years: report
Property developers just posted their worst first-half earnings in over a decade.
APAC banking markets to tighten macroprudential policies in 2023: Fitch
Malaysia and Thailand will take steps to strengthen their mortgage sectors, said Fitch.
Weekly Global News Wrap: Citi to divest Mexico consumer arm via sale or IPO; Wells Fargo hires third-party race auditor
And China’s homeowners rush to offload mortgages.
Taiwan bad loans increased by $400m in July
Total outstanding loans increased to $1.19t at the end of July.
Citi Philippines raises Home Credit’s facility to $14.3m
This is almost double the $7.36m it approved last May.
Public Bank teams up with Sunway Property for financing green development projects
Customers can avail of a special sustainable financing package.
APAC’s non-bank financial institutions face liquidity challenges: S&P
One NBFI failure is enough to trigger a domino effect and collapse a whole market.
Weekly Global News Wrap: Citi cuts mortgage staff; Banks offer pingpong, free meals in back-to-office push
And UK officials classify $1.27b small business loans as suspected fraud.
Bank of China bad loans, capitalization ‘stable’ amidst real estate woes: S&P
BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.
Earnings remain key weakness of Japanese banks: Fitch
Impact of rising interest rates in the US will be mixed, the ratings agency said.
Validus, Citibank establish $100m facility for SME financing
The facility is collateralized by SME loans by Validus’ Singapore arm.
Australia’s Judo Bank on track for earnings growth
Its net interest margin is expected to be 3% over the next two years.
Rethinking the mortgage lending experience
There is no denying the recent volatility of the real estate market. During the pandemic, US lenders saw record numbers of mortgage applications...