Lending & Credit
US$474 million needed to buy Vietnamese banks' NPLs
Bad debt bank will issue special bonds.
South Korea maintains policy rate at 2.5%
Has major concerns about major downside economic risks.
What Asian banks need to know about customers' trust and fair treatment (Part 4)
In the fourth and final part of a special series of reports regarding conduct risk consumer protection regulations, we focus on some of the tactical...
Commonwealth Bank cuts interest rates by 0.25% per annum effective August 14
The new Standard Variable Home Loan Rate is 5.9%.
India will continue bond sales to sap liquidity
Pledges defense of rupee in a calibrated manner.
Mizuho Bank loans US$40 million to Philippines’ second largest telecom firm
Loan will restructure debt profile of Globe Telecom, Inc.
Vietnamese “bad debt bank” now open for business
Mission is to prevent collapse of battered Vietnamese banks.
China worries local government debt could trigger financial crisis
Orders immediate audit of this rising US$1.6 trillion debt.
Mizuho Bank begins offering reverse mortgages to elderly Japanese
Estimates earnings of US$51 billion from product.
Chinese banks boost SME lending
Financial environment for these firms will also improve.
China admits financial sector difficulties
But will implement targeted measures.
Indian banks' loans rise at slower pace
Down almost 5% year-on-year.
Chinese banks up lending to SMEs
Will also improve financial environment for these firms.
Philippine central bank won't impose new lending restrictions
Real demand is seen behind growing demand for real-estate lending.
Taiwan’s banks to receive huge boost from cross-strait pact
Guess what the 4 main advantages are?
No scrapping of China’s bank deposit rate ceiling before 2015
Emplacing a deposit insurance system takes priority.
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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.
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