Lending & Credit

Australia’s P&N, Beyond Bank likely to seek other merger opportunities

S&P foresees further consolidation in Australia’s mutual banking sector.
3 days ago

Australia’s P&N, Beyond Bank likely to seek other merger opportunities

S&P foresees further consolidation in Australia’s mutual banking sector.
3 days ago

Australia’s P&N Bank scraps proposed merger with Beyond Bank

The merged entity would have been worth about $23.8b.
3 days ago

Cambodian banks breach covenants as bad loans surge

ACLEDA, Hattha Bank, and LOLC have all breached their covenants.
6 days ago

Revolving credit on Taiwan credit cards dips in July

This is despite the total active cards rising to 38.36 million.
6 days ago

South Korea’s household loans expand by $7.32b in August

There were “strong housing market activities” in the Seoul metropolitan area.

Taiwanese banks’ total outstanding loans at $1.25t in July

The bad loans ratio remained at the same level as in June 2024.

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.

Public Bank commits $229.7m financing for SMEs

Public Bank is the largest financier of SMEs in Malaysia based on market share.

BRI may miss micro loan growth target amidst asset quality concerns

Micro loans were down 0.9% quarter-on-quarter in Q2.

Malaysia's private loans grew 5.5% in July

Growth of working capital loans drove up the number of business loans.

Bank of China to weather potential losses, asset quality strains: S&P

Bad loans ratio for its mainland property loans has shrunk to 4.94% in June 2024.

Agricultural Bank of China to withstand property crunch

Exposure to the mainland property sector has shrunk to 3.67% of its loan book.

UnaFinancial reaches $2b in loan disbursements

At least 65% of its 17.7 million customers get another loan from them.

Banks must expand net zero targets, set clearer O&G goals: org

Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.

PH banks’ loans up 10.4% in July

Growth of loans to residents slowed over the month.