Lending & Credit
DBS raises sustainability finance target to $50b by 2024
DBS raises sustainability finance target to $50b by 2024
Companies have doubled down on ESG commitments due to the pandemic, the banks noted.
South Korean banks' loan delinquency rate flat in November
Compared to November 2019, delinquency rate is down 0.14 percentage points.
South Korean banks' household loans hit $896b in 2020
This was pushed by a sustained rise in mortgage loans.
South Korea mulls tightening rules on overdrafts: report
Household debt reached a record high of $1.47t in June.
APAC banks' problem loans to double by 2022: Moody's
India and Thailand are the most vulnerable.
China's shadow banking credit growth to slow in H2: Moody's
The upcoming lower interest rates on informal lending will kick on growth prospects.
China's MSE loan programme to strain banks' profitability
The banking system is expected to extend $420b in new loans to micro and small businesses.
Chart of the Week: Chinese banks' loan growth slows to 13% in August
New loans have reached about $2.1b for the first eight months of 2020.
Indian banks now face less risks from corporate loans
Current performing loans can now better handle stress.
South Korean banks' credit loans hit $105b in August
Consumers rushed to buy apartments or to simply make ends meet.
New measures spur Thai financial institutions to restructure debts
It will cut the amount of reserved provisions, but lower future interest income.
South Korea's corporate loans jump to $1.12t in Q2
This is the largest amount on record for a second quarter period.
Chart of the Week: Singapore system loans up 0.9% in July
This was driven by a 1.9% growth in business loans.
South Korean banks' vulnerability intensifies amidst renewed pandemic onslaught
The new outbreaks could lead to an extension of relief loans, which will weigh on profits.
South Korea passes new law on P2P lending
Lenders are required to have a capital of at least $421,000.
Singapore's retail loans to shrink 2.5% in 2020
New loan applications have declined as consumers are cautious of falling under debt.
Weekly Global News Wrap: Over $425b European loans deferred; Goldman Sachs, Barclays mull buying GM's credit card arm
And JPMorgan hires former UK finance minister Sajid Javid.
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