Lending & Credit
Chinese banks cut mortgage rates
Chinese banks cut mortgage rates
Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market.
ANZ raises mortgage rates
ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20.
Sacombank earmarks $48M soft loans for prioritized borrowers
Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012.
Other Aussie banks could follow ANZ's rate rise lead
Australia'sthree other big banks are not ruling out interest rate hikes after ANZ's rate increase on home and small business loans.
Chinese banks intensify lending
Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy.
BNI’s Q1 performance ‘on track’
BNI collected up to Rp 1.8 trillion or US$198 million in new mortgages in the first three months of 2012.
VietinBank’s Laos branch to sign $20M credit contract with telco netwrok
VietinBank’s Laos worked with Unitel on detailed agreements to prepare for signing a credit contract worth $20 million.
S.Korean banks reluctant to lend households
South Korean banks are reluctant to lend households in the second quarter due to their weaker capability to repay debts.
Will bad debts continue to hurt Chinese banks?
Reports say that China's non-performing loans surged to US$68b at the end of 2011 - is this the start of a looming credit crisis in China? Find out...
Union Bank to focus on retail lending
Union Bank will focus on retail lending and aim at improving customer service, says its new CMD, D Sarkar.
Nepalese banks' credit flow down by 5%
The credit flow of 32 Nepalese commercial banks to various sectors dropped 5 percent in the first seven months of the current fiscal year.
Philippine central bank accredits 4 rural financial institutions
The Bangko Sentral ng Pilipinas has accredited four rural banks as rural financial institutions.
Viet Capital Bank targets 17% credit growth
Viet Capital Bank is targetting a credit growth target of up to 17 percent, according to its business plan for 2012.
Philippine banking system quite profitable
Its rising incomes should see Philippine banks lend more as the Philippine economy continues on its growth curve.
Bad debt ratio of Korean banks up in Feb
The bad debt ratio for loans extended by Korean banks rose in February.
Tata Capital sets its sights on Asian M&As
The financial services arm of India's Tata Group is on the lookout for profitable acquisitions.
Malaysian banks hopeful of double digit loan growth
Standard Chartered Bank Malaysia projects retail loan growth at single digit; however, there are other growth triggers for corporate loan growth.
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