Lending & Credit

PH banks’ total assets expanded 9.2% to $439.3b in 2023

Both lending and investing activity grew during the period.

PH banks’ total assets expanded 9.2% to $439.3b in 2023

Both lending and investing activity grew during the period.

Chinese banks dominant whilst Japan, South Korean banks’ assets falter

Australian and Singaporean banks’ assets remained steady, S&P’s study showed.

Philippine loan officer fined for violating lending regulations

The officer was an employee of the now closed Ruran Bank of Buguias (Benguet).

Citi, ABD ink deal to enhance supply chain financing for SMEs in Asia

It is expected to support over $100m of additional trade across APAC.

HK mortgage loans in negative equity surpasses 32,000 in March

The delinquency ratio also jumped to 0.06% from 0.03% previously.

PH banks maintained loan standards in Q1

An estimated 3 in 4 banks maintained credit standards for housing loans.

Indonesian banks gave out more new loans in Q1

But the number is lower than in Q4 2023 and will slow down further in Q2.

South Korean banks’ loan delinquency rate rise in February

Corporate, SME, and household loans all saw their delinquency rates rise.

PH’s BillEase clinched $5m investment from Credit Saison lending arm

BillEase has achieved profitability in 2023 and delivered 47% return on equity.

VPBank’s asset quality at risk amidst housing slowdown

About 1 in 5 of its loans are real estate loans.

Tighter money supply strains Indonesian banks’ margins

Whilst margins may rise in the short-term, margins could fall deeper in the long-term.

BNPL provider Atome Financial doubles operating income in 2023

It’s BNPL services are now profitable, the company said in a press release.

Thailand’s TISCO maintains strict credit policy as car loans fall

It will maintain its high dividend payout but won’t heed calls to raise it, analysts said.

Malaysian banks’ asset quality strong but profits to stay flat in 2024

A sustained currency depreciation may affect import-reliant sectors, an analyst warned.

Taiwan’s domestic banks extended $300.7b in SME loans

This accounts for 65% of all loans extended to all enterprises.