Lending & Credit
Pakistani banks write off $1.187B in loans
Pakistan's public and private banks and development finance institutions had written off loans amounting to Rs112.305 billion or US$1.187 billion...
Pakistani banks write off $1.187B in loans
Pakistan's public and private banks and development finance institutions had written off loans amounting to Rs112.305 billion or US$1.187 billion...
Bank of Baroda cuts home loan rates
Bank of Baroda reduced its home loan rates by 0.25 percent across all categories for both new and existing customers.
Philippine banks awash in too much cash
The Philippines’ central bank warns that the mountain of cash held by Philippine banks could trigger rampant inflation.
ING takeover to boost KB Financial’s life insurance business
KB Financial Group, Inc will soon take ownership of the Korean insurance unit of ING Group.
Indonesian banks warned against misusing non-collateral loans
Bank Indonesia warned commercial banks not to use non-collateral loans to finance customers who were unable to pay the required downpayment.
BNI eyes to boost deposits with more Japanese customers
Bank Negara Indonesia to get more Japanese companies to deposit their funds with them following a partnership agreement with Joyo Bank.
Indian banks' credit growth stagnant in first 5 months of FY13
Dampened investor sentiment caused Indian banks to experience almost stagnant credit growth in the first five months of the fiscal year starting...
Korea's Eximbank ties up with Chinese counterpart
South Korea's Eximbank has signed a cooperation deal with its China's Eximbank to boost bilateral trade.
Chinese and French banks in SME investment alliance
Chinese and French state-owned banks have established a US$189 million fund to support each other's small and medium sized enterprises.
Bank of Tokyo to increase Australian lending
Japan’s largest bank could invest billions of dollars to fund Australian home loans through other means.
Fitch warns of bad debt tsunami overwhelming China’s banks
Fitch Ratings Ltd expects the balance sheets of Chinese banks to deteriorate until the first-half of 2013.
Malaysian banks to see healthy loan pipeline in H2: Research
The Malaysian banking sector will sustain growth momentum in the second half of the year with a healthy loan pipeline, especially business loans...
SBI ties up with the Japan Bank for International Cooperation
State Bank of India has signed an agreement that will allow it to support funding needs of Japanese companies in India.
Mizuho to finance Japanese investments in Turkey
Mizuho Corporate Bank and Akbank signed a cooperation agreement to finance mergers and acquisitions between both countries.
Thailand's TMB Bank focuses on lending to exporters
TMB Bank wants to build its export loan portfolio by adding attractive features for supply-chain solutions for exporters and their suppliers.
Ballooning local government debt threatens Big Four
Loans by China's Big Four banks to local government financing vehicles (LGFVs) amounting to US$410 billion from January to June has increased the...
China's banks threatened by NPLs
China's commercial banks are facing a high risk of increased bad loans as local governments try to unleash a new round of stimulus packages.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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