Lending & Credit
Siam Commercial Bank inks MOU for green-linked forward contracts
Costs are tied to the company’s performance in ESG criteria.
Siam Commercial Bank inks MOU for green-linked forward contracts
Costs are tied to the company’s performance in ESG criteria.
CIMB sets out 2030 climate targets for O&G and property portfolios
The bank will stop financing new upstream oil fields beginning January 2025.
China Citic Bank’s green finance moves require more finesse
It aligns with international frameworks, but some have indirect ties to fossil fuels.
Interest rates of new deposits, loans in South Korea rise in May
However, the overall average of outstanding loans fell.
APAC financial institutions struggle with ESG skill shortage
Organisations need the right talent to navigate regulatory and reputational risks.
Malaysia unveils policy for the disposal and purchase of impaired loans
The policy aims to provide a larger pool of buyers for the market, the central bank said.
APAC lenders turn picky amidst trade disputes
China, Australia, New Zealand, and South Korea may be most impacted.
Tokenisation of financial assets growing, but still in early stages
It enables a more transparent and standardised lending life cycle, says analysts.
Planned merger broadens TCL’s diversity, auto-market exposure
Underwriting criteria may be tightened to combat integration risks.
Fintech Paywatch secures $30m in series A funding round
Vanderbilt University and Third Prime led the investment round.
Citi Australia names David Bailey as head of debt capital markets
Bailey returns to Australia from New York.
HDBank reports 6.2% credit growth in H1
The bank’s return on equity (ROE) reached 26.7%.
Hong Kong banks’ composite interest rate falls 4bp to 2.61% in May
This was due to a decrease in weighted funding cost for deposits during the month.
Thai banks grapple with slowing exports and weak consumer sentiment
Fitch has revised its loan growth estimates to 3% from 5% previously.
APAC banks grapple with rising commercial real estate risks
Office vacancies have jumped and CRE prices have dropped.
South Korea’s corporate financing dropped in May
Equity issues and IPO volumes plummeted during the month.
Balance of Taiwan’s cash card loans is $372.4b in April
There are 0.3 million cash cards recorded during the month.