Lending & Credit
Thailand’s loan growth slows to 0.3% in Q2 as SME loans contract
Thailand’s loan growth slows to 0.3% in Q2 as SME loans contract
The central bank said there is a need to continue to monitor SMEs’ debt serviceability.
South Korea unveils new credit blocking program against phishing scams
Voice phishing scams reportedly amounted to over $146m in 2023.
CIMB launches green loan for SMEs
They can receive rebates of up to 0.4% depending on their targets.
MUFG invests $338.5m in India’s DMI Finance
DMI Finance has provided loans to 15.2 million customers in India as of March 2024.
South Korean banks’ net income down 11% in H1
Interest income grew but net interest margin (NIM) dipped.
Aussie mutual lenders may consolidate to fewer than 10: analyst
Up to 40 mutual lenders may consolidate and potentially disappear, said S&P analyst Lisa Barrett.
Krungthai Card to miss loan growth target for 2024
It should be able to maintain its NPL ratio below 2% for the whole year.
Malaysia’s corporate loans grow faster in Q2
Household loans grew at the same pace as in Q1.
SME Bank partners with MARC to support Malaysian SME growth
They will combine their expertise in data and business coaching.
Indian bankers optimistic for loan demand: survey
Except for mining and quarrying, demand is expected to hold up through September.
South Korea’s corporate loans rise in July; deposits decline
Tax payments and outflow of funds for various reasons led to the drop.
SoKor household loans rise in July on more mortgages
Demand may also be higher due to the summer vacation season.
Taiwanese banks hold $310.53t in SME loans in June
SME loans made up 65.64% of all corporate loans in Taiwan.
StanChart rolls out ESG-linked cash account in Hong Kong, SG
Clients are rewarded when they meet ESG-related targets.
Bangkok Bank unveils green transition loan for businesses
The credit can be as high as $283m (THB10b)
Thailand’s Krungsri launches SME transition loan for clean energy
It will help businesses embrace clean energy solutions and reduce pollution.
Taiwanese banks’ total loans up 0.13% in June
Coverage ratios of allowances for NPLs rose almost 30 percentage points.