Lending & Credit
China deems 19 banks 'too big to fail'
These banks face new capital and regulatory requirements.
China deems 19 banks 'too big to fail'
These banks face new capital and regulatory requirements.
Indonesia’s Bank Raya, BRI unveil online loan facility for BRILink Agents
Agents can apply for the loan through the BRILink Mobile application.
FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s
Delayed goals and actions would hurt banks’ asset and loan quality in the future.
South Korean banks’ loan delinquency ratio up in August: report
The delinquency ratio has been on the decline since May 2018.
South Korean bank’s household loans rise faster in September: report
There is an increased demand for loans for home purchases and 'jeonse.’
Japan’s rural banks embrace more risks in search of profits
Their greatest enemy is time as business opportunities need years to take fruit.
CIMB Bank PH's gross transaction value triples in nine months
The bank now has nearly 5 million customers in total, and almost 1 million lending customers.
APAC banks on track for LIBOR phase-out: S&P
Singapore banks are leading the way in adopting alternative reference rates.
China’s shadow banking assets will shrink to eight-year low in H2: Moody’s
Tighter regulations will drive a wedge in the connection between banks and NBFIs.
Relaxed regulation heightens Thailand banks’ systematic risks: S&P
NPL ratio is expected to rise to its highest since the 2009 financial crisis.
Vietnam’s HDBank clinches $50m loan to finance green projects
Green projects have the potential to create over 1,350 jobs in the country.
Financial institutions face four emerging challenges as digitisation ramps up
FIs role as the middleman is under threat as tech firms mull offering financial services.
Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA
BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.
Large, mid-sized Chinese banks’ capital pressures easing: Fitch
Stress test shows NPL ratio likely to rise, but not to levels PBOC expects, the ratings agency said.
Weekly Global News Wrap: Americans miss BNPL payments; Wells Fargo fined $250m
And Mastercard bets on crypto with acquisition of CipherTrace.
Loan forbearance extension clouds Indonesian banks’ asset quality for longer
The extension is a positive for their asset quality and profits, but credit costs will remain elevated.
CIMB Philippines launch revolving credit product REVI Credit
It can grant as high as a $5,000 credit line to customers.