Lending & Credit

Mongolian banks face margin squeeze despite mining tailwind

Banks face tighter monetary measures and strong competition, said Fitch.
2 days ago

CIMB Islamic debuts Lite-i card with fixed 14% rate

For a minimum spend, they can avail a 0% installment plan for a six-month period.
4 days ago

Baiduri Bank launches $2b Euro Medium Term Note programme

It broadens the bank’s reach to international institutional investors.
5 days ago

Business demand drives 5.7% Malaysian credit rise

SME loan growth, mortgages, hire-purchase, and credit cards moderated in August.
5 days ago

India's digital rupee struggles with retail but shines in wholesale

Its programmability can be used in disbursing credit and government securities settlements.
6 days ago

Mizuho and IFC launch $1b supply chain finance facility for APAC SMEs

IFC will provide up to $500m in risk-sharing for supply chain finance instruments.

China bank recapitalisation hits weak credit demand

Capital injections will strengthen major banks’ buffers, but subdued household and corporate borrowing remains the bigger constraint on loan growth.

Skyro secures Malaysia digital moneylending license

It will offer cash loans and introduce other credits products over time.

SMBC targets green debt expansion via Climate Bonds Initiative deal

It also said that certain categories in its finance framework are aligned with the Climate Bonds’ criteria.

MNC Bank rolls out 3 credit cards with JCB and Kawasaki

One card offers a complimentary towing service and 10% discount on spare parts.

Antom taps three DOKU executives to lead Southeast Asia operations

Alsagoff is head of product for Antom SEA whilst Yeo will head Antom Philippines.

Citi partners HDBank to boost Vietnam trade finance

They plan to share insights and organise training programs and workshops.

Bank Negara Malaysia urged to cut reserves to spur green lending: think tank

The central bank is also encouraged to offer preferential rates to banks for green loans.

Thai SME loans shrink 16 quarters as credit access gap widens

About 1 in 5 SMEs still need funding from loan sharks.

ASIC fines Fundo Loans for falsely advertising no credit check loans

ASIC said that Fundo conducted credit checks on some loan applications.

Indonesia private banks cautious on loan growth: UOBKH

Funding conditions have improved since Q2, although costs remained elevated.