Lending & Credit
HD Bank caught in breach of deposit ceiling
An HD Bank branch located at Ho Chi Minh City’s Tan Binh District was caught severely violating state regulation on deposit interest rate ceiling...
HD Bank caught in breach of deposit ceiling
An HD Bank branch located at Ho Chi Minh City’s Tan Binh District was caught severely violating state regulation on deposit interest rate ceiling...
Twelve Viet banks pledge not to violate deposit interest rate cap
Twelve Vietnamese commercial banks which account for 85 percent market share have reached an agreement not to exceed the deposit interest rate...
VietinBank chair denies rumored extent of bank's bad debts
Pham Huy Hung, chair of VietinBank-CTG, confirmed that his bank has the lowest bad debt ratio in Vietnam's banking system.
VIB sets aside VND2T for soft loans
Vietnam International Commercial Joint Stock Bank will set aside two trillion dong to lend at the preferential interest rate of from 17.5 percent per...
TrustBank extends soft loans to exporters
TrustBank is offering incentives for small and medium-sized enterprises to serve purchase and processing of products for exports, agriculture...
SCB offers new saving interest rate benchmark
Saigon Commercial Joint Stock Bank is offering new interest rate benchmark in both dong and US dollar whereby the non-term deposit interest rate in...
Kasikorn Bank to spur small tourism business
The lender collaborated with tourism institutions in Thailand to offer a $484,496 soft loan to operators.
Siam Commercial Bank retains 18% loan growth target in 2011
The lender still optimistic of the goal despite expected slowing down of lending growth in the fourth quarter.
Westpac earns $1.5bn in residential mortgage securities
Australia’s top 4 banks, which include Westpac, hold $1tn loans portfolio in mortgages.
Japan’s megabanks receives $43bn credit offer for M&A abroad
The offer is part of a government program releasing $100bn of forex reserves to JBIC to spur purchases overseas.
RHB and Credit Guarantee Corporation to enhance SME financing
The tie-up’s Enhancer Direct scheme to assist viable SMEs that are unable to secure financing due to insufficient collateral.
Vietnam’s Agribank says bad debt level safe
Agribank said it faces no finacial problems even though it has a bad debt of 6.67 percent of its total loans.
UOB plans doubling cross-border business lending
The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.
ABC firms up support for Xinjang development
Chinese banks and neighbor banks should enhance cooperation between Asia and Europe amd the rapid development of Xinjang, said Mr. Che Yingxin...
Korea's loan delinquency rate up in August
South Korean banks' loan delinquency rate rose for the second straight month in August from a month earlier.
Household loans in Korea finally down after 8 months
Household loans from banks are down in South Korea for the first time in eight months in September as lenders try to curb growing household debt. Ko...
Chinese banks extend lending to small firms
Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply.
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