Lending & Credit

Kasikornbank's earnings buoyed by loans, NIM

Kasikornbank reported a 4.22 percvxvcent in its consolidated second-quarter net profit of Bt9.4 billion.

Kasikornbank's earnings buoyed by loans, NIM

Kasikornbank reported a 4.22 percvxvcent in its consolidated second-quarter net profit of Bt9.4 billion.

Korean banks probed for fixing CD interest rates

Nine major South Korean banks arebeing investigated by the Fair Trade Commission on suspicion of colluding to fix the interest rates on certificates...

Singapore loan growth to taper off to 8% in 2012

UOB's loan growth is also like to trend towards the lowteens of 10-12%.

Policy measures needed to boost liberalization

China’s recent credit liberalization could be endangered by lax fiscal policies.

RBS pulls out of Singapore Libor panel

Royal Bank of Scotland pulled out of a Singapore panel setting interbank lending rates.

China’s interest rate liberalization to hit bank profitability

Free market interest rates will hurt China’s banking sector but are inevitable.

Rich banks not lending enough money to real economy

The People's Bank of China insists that China’s cash-flush banks lend more money to productive sectors of the economy.

Indonesia expects slower lending growth

A slowdown in exports and a new lending rules will hobble lending growth by Indonesia's commercial banks in the second half of the year.

India banking sector slows on sputtering economy

Banks' credit grew just 1.2% in the first quarter of the fiscal year that began in April.

Nirvana Venture buys TranServ stake

Nirvana Venture Advisors has picked up an equity stake in TranServ, a prepaid payments program manager.

More credit loans eyed for Vietnam businesses

Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks.

Vietnam's OCB to get credit loans for SMEs

The Orientation Commercial Bank of Vietnam will get a credit loan worth US$10 million from the International Finance Corporation to support SMEs.

Industrial Bank of Taiwan to open leasing outlet in Tianjin

Industrial Bank of Taiwan is planning to open a financial leasing outlet for small-and medium-sized enterprises in Tianjin within the year.

Agrobank to disburse $15.7M in loan with new product

Agrobank expects to disburse at least US$15.7 million in loans with the launch of its latest product aimed at reducing the financial burden of the...

Bank Jatim stock sale to fund SME loans

Bank Jatim's lending in the first half has reached 94 percent of its full-year target touching Rp 18 trillion or US$1.9 billion, up 12 percent from...

Coping with sluggish bank lending in Asia

The year 2012 has not been good for the Asian banking industry. Credit growth is falling in most Asian countries. For instance, new lending by the...

HDFC quarterly net up 18.6%

HDFC reported 18.6 percent net profit at Rs.10,019.10 million for the quarter ended June 30 against Rs.8,445.30 million in the same period last year...