Lending & Credit
EXIM Thailand inks MOU to support foreign investments
The bank will give special offers, such as special interest rates, to entrepreneurs.
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.
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.
APAC financial institutions struggle with ESG skill shortage
Organisations need the right talent to navigate regulatory and reputational risks.
Malaysia unveils policy for the disposal and purchase of impaired loans
The policy aims to provide a larger pool of buyers for the market, the central bank said.
APAC lenders turn picky amidst trade disputes
China, Australia, New Zealand, and South Korea may be most impacted.
Tokenisation of financial assets growing, but still in early stages
It enables a more transparent and standardised lending life cycle, says analysts.
Planned merger broadens TCL’s diversity, auto-market exposure
Underwriting criteria may be tightened to combat integration risks.
Fintech Paywatch secures $30m in series A funding round
Vanderbilt University and Third Prime led the investment round.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Events
<time datetime="2024
<time datetime="2024
Event News
Event News
Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
Co-Written / Partner
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Events
<time datetime="2024
<time datetime="2024