Lending & Credit

Philippine banks’ outstanding loans up 10.7% in August

Loans to residents grew whilst loans to non-residents slowed.

China push to stimulate consumption may need more time

For banks, the lower mortgage rates could hurt profits in the short term.

Lending by PH banks’ foreign currency deposit units declined 2.7% in Q2

Top sectors who took out loans are merchandise and service exporters, and power companies.

Philippine banks anticipate loan growth, steady NPL outlook

Most foreign and large banks anticipate their NPL ratios to be below 5%.

Hong Kong rate cuts provide ‘modest’ relief to borrowers

Banks in the city still face profitability pressures, CRE-related woes.

Thai banks to reduce credit costs towards Q4: analyst

Earnings rise of 2% on average expected for Q3.

Citi partners with Apollo to form $25b private credit

The program will launch in North America; may expand to other markets in the future.

Delinquency rate of South Korean banks at 0.47% in July

The volume of resolved loans was lower than in June.

Taiwanese banks extended $395.26m SME loans in July

SME loans accounted for 64.4% of all corporate loans.

Hong Kong banks can handle CRE risks: analyst

They’ve been implementing measures to lower China-related property exposures.

India’s new regulatory measures to moderate loan growth

It will enhance compliance and safeguard customers, S&P said.

Funding freeze hits BNPLs

Investors are putting less cash towards BNPL providers, who already grapple with thin margins.

Mizuho Bank, partners launch support service for J-Credit creation

Mizuho, IHI, and Fujitsu aim to create a one-stop digital service.

MoneyHero revenue up 24% to $20.7m in Q2

Its revenue in Singapore rose by 68%.