Lending & Credit

Krungthai Card to miss loan growth target for 2024

It should be able to maintain its NPL ratio below 2% for the whole year.

Krungthai Card to miss loan growth target for 2024

It should be able to maintain its NPL ratio below 2% for the whole year.

Malaysia’s corporate loans grow faster in Q2

Household loans grew at the same pace as in Q1.

SME Bank partners with MARC to support Malaysian SME growth

They will combine their expertise in data and business coaching.

Indian bankers optimistic for loan demand: survey

Except for mining and quarrying, demand is expected to hold up through September.

South Korea’s corporate loans rise in July; deposits decline

Tax payments and outflow of funds for various reasons led to the drop.

SoKor household loans rise in July on more mortgages

Demand may also be higher due to the summer vacation season.

Taiwanese banks hold $310.53t in SME loans in June

SME loans made up 65.64% of all corporate loans in Taiwan.

StanChart rolls out ESG-linked cash account in Hong Kong, SG

Clients are rewarded when they meet ESG-related targets.

Thailand’s Krungsri launches SME transition loan for clean energy 

It will help businesses embrace clean energy solutions and reduce pollution.

Taiwanese banks’ total loans up 0.13% in June

Coverage ratios of allowances for NPLs rose almost 30 percentage points.

Malaysia’s outstanding loans up 6% in June

Business loans lifted overall growth, whilst household growth was slower.

Malaysia’s business loans slated for up to 7% growth in 2024

However, softer credit demand is seen from the household segment.

Thailand postpones card repayment rate hike amidst borrower struggles: report

The central bank will continue to promote consolidation of home and retail debt.

South Korea’s deposit, loan interest rates dip in June

Average interest rates for new and outstanding loans and deposits fell.

MUFG invests $393m in PH superapp GCash’s parent company

Globe Fintech Innovations operates GCash and Fuse Lending.

PH banks report rise in household loan demand for Q2

Demand for both loans to households and enterprises rose, official data showed.