Lending & Credit

ANZ takes credit for delaying interest rate cuts

ANZ is claiming credit for initiating independence from the central bank in determining interest rates.

ANZ takes credit for delaying interest rate cuts

ANZ is claiming credit for initiating independence from the central bank in determining interest rates.

Credit slowdown lingers in China

China's lending and deposit rates remain stable, while outstanding loans still show a downtrend.

CBRC worried over Chinese banks' risky behaviors

Chinese banks are urged to focus on raising capital than taking on more risks.

Singapore's bank lending in April up 0.6%

Singapore's bank lending totaled 340.1 billion U.S. dollars in April, up from 338.0 billion U.S. dollars in March, according to statistics by the...

Korean banks in cutthroat fight for customers

Korean banks are luring new customers by offering them great deals.

ANZ targets top spot in Indonesian lending business by 2015

ANZ Indonesia will focus on lending to exporters as it aims to be Indonesia’s leading lender to commercial businesses within three years.

Internet banking not popular in Indonesia

Transaction complexity is holding back the growth of Internet banking in Indonesia.

S. Korean lending rate declines in April

The weighted average annual rate for new loans extended by South Korean banks went down 3 basis points in April to 5.71 percent.

Citibank India to expand consumer banking

Citigroup, Inc plans add one million new customers from India’s middle class as it expands its credit card business.

Chinese banks finally open up to private capital

China’s decelerating economy has compelled China’s banks to accept private investments to generate funds for lending to small and medium enterprises...

Chinese businesses shun bank loans as economy worsens

China’s banking sector is lending less and less because of the spreading economic slowdown.

Vietcombank offers $96M in low-interest loans

Vietcombank will allocate VND 2 trillion or US$96 million to provide low-interest loans for business and consumption purposes.

CIMB get positive outlook despite lower provisions

CIMB Bank 's first quarter revenues were driven higher from non-interest income from debt capital markets.

Bad loan ratio rises in April for S. Korea's banks

A rise in fresh loan delinquency numbers brought the bad loan ratio up in April for banks in South Korea.

What could be the most effective means to ease liquidity in China?

BBVA suggests PBoC should cut rates asymmetrically to help stimulate the demand for loans but warns that bank profitability may have to suffer.

Chinese banks see drop in bad loans

China's banks reported a reduction in bad loans fall and the maintenance of capital strength in the first three months of 2012.

State Bank of India posts massive profit increase

India’s largest bank records an incredibly huge jump in profits after generous government support.