Lending & Credit

MUFG hires ex-UBS, SVB directors for healthcare finance arm

The hires strengthen MUFG’s middle market healthcare businesses.

MUFG hires ex-UBS, SVB directors for healthcare finance arm

The hires strengthen MUFG’s middle market healthcare businesses.

Cambodian banks’ bad loans ratio to peak at 7.7% in 2026

Its tourism and real estate sectors continue to lag behind the economy.

DBS Hong Kong has sufficient buffers for property downsides

The bank is expected to maintain strong capitalisation and profitability.

South Korean banks’ bad loans sees uptick in May

The delinquency rate stood at 0.51%, 0.03ppt higher than in April.

India mandates banks to issue fraud notices: report

The time allotted to respond should not be less than 21 days.

EXIM Thailand inks MOU to support foreign investments

The bank will give special offers, such as special interest rates, to entrepreneurs.

Philippine banks’ extended 10.1% more loans in May

Loans to residents rose 10.2% and consumer loans jumped 25.6%.

Value of loans extended to Taiwan’s SMEs rise in May

SME loans account for 65.4% of Taiwanese banks’ corporate loans.

Taiwanese banks’ bad loans fell in May

The coverage ratio of allowances for NPLs rose to 811.56%.

South Korea’s household loans up 0.5% in H1

The outstanding balance of all household loans is KRW4.4t as of June 2024.

HSBC, Visa team up to develop multi-currency app Zing

Users can hold funds in 10 different currencies and transact in 200 countries.

Japan’s Norinchukin Bank has hit 60% of its sustainable finance target

The bank also participated in 7 sustainability committee meetings in FY2023.

Siam Commercial Bank inks MOU for green-linked forward contracts 

Costs are tied to the company’s performance in ESG criteria.

Clean energy gap presents investment opportunities for banks

Krungsri and CIMB Thai explore use of emerging tech to monitor risks better.

CIMB sets out 2030 climate targets for O&G and property portfolios

The bank will stop financing new upstream oil fields beginning January 2025.

China Citic Bank’s green finance moves require more finesse

It aligns with international frameworks, but some have indirect ties to fossil fuels.

Interest rates of new deposits, loans in South Korea rise in May

However, the overall average of outstanding loans fell.