loan
Philippine bank lending slows to 9.8% in June
Philippine bank lending slows to 9.8% in June
Overall expansion was tempered by the construction and education sectors.
About one-third of Filipino borrowers use loans to pay for food
Education trailed, accounting for 15% of spending purposes.
ZA Bank’s Rate Watch offers $114 for lower interest proof
Users can still receive up to $24.20 even if a loan application is unsuccessful.
Validus, Citibank establish $100m facility for SME financing
The facility is collateralized by SME loans by Validus’ Singapore arm.
Singapore extends ESG loan facility to banks, FIs
Since being launched in April 2020 it has disbursed S$13.3b to FIs in support.
IFC grants $40m loan to Vietnam’s SeABank to expand SME lending
It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.
Security Bank’s SB Finance launches Car4Cash in the Philippines
Car owners can gain access to as much as PHP2m.
Local bond market’s problems heighten Chinese banks' credit risks
The bond market’s repayment woes may force banks to make concessions for the sake of financial stability.
Hong Kong’s consumer credit demand rebounds in Q1
Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.
South Korean banks’ bad loan ratio hits record low in Q
Ratio of bad loans to total lending came at only 0.62% as of end-March.
India, Philippines banks in trouble amidst renewed infection surge
Emerging banks in Asia continue to be in a tough operating environment, says Fitch.
Thought Leadership Centre
Most Read
1. The financing challenge behind Asia’s wealth transfer 2. OCBC Hong Kong builds executive coaching pool for staff 3. ShopBack and Visa expand tie-up to 20,000 Singapore physical stores 4. OCBC loan growth to moderate in H2 as deal loans fade: RHB 5. DBS names Ng SIer Han as next CEO of DBS Hong KongResource Center
Read Here
Advertise
Sign Up
Event News
The payment terminal was never the destination; for Payment Asia, it was always the starting point.
Commentary
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer
Banks need to rethink identity governance for AI agents
From stablecoins to sovereignty: The rise of trust-based digital dollar systems
Indonesia’s banks need faster fraud decisions as digital payments grow
China’s leasing giants are growing up — and Asia’s banks can’t look away
Adapting to change with confidence
Asia plays part in $129t global credit market pool