Lending & Credit

HDBank reports 6.2% credit growth in H1

The bank’s return on equity (ROE) reached 26.7%.

Hong Kong banks’ composite interest rate falls 4bp to 2.61% in May

This was due to a decrease in weighted funding cost for deposits during the month.

Thai banks grapple with slowing exports and weak consumer sentiment

Fitch has revised its loan growth estimates to 3% from 5% previously.

APAC banks grapple with rising commercial real estate risks

Office vacancies have jumped and CRE prices have dropped.

South Korea’s corporate financing dropped in May

Equity issues and IPO volumes plummeted during the month.

Balance of Taiwan’s cash card loans is $372.4b in April

There are 0.3 million cash cards recorded during the month.

Credit Agricole names new chief representative officer for Indonesia

Alexis Rafiidson succeeds Xavier Roux, who is retiring.

Ant International unveils microlending service bettr

It has partnered with Thailand’s AWC to start.

Rapid loan growth weighs on Bank of Suzhou’s capital ratios

The bank is expected to maintain good asset quality over the same period.

Malaysia's private sector credit grows 5.4% in April

Thanks to higher growth in both outstanding loans and corporate bonds.

Hong Kong mortgage loans drawdown rises by 9.9%

This was translated to $1.69b in loans.

Philippine’s bank loans expand by 9.6% YoY in April

It was higher than the previous month’s 9.4%.

Siam Commercial Bank shares crisis lessons from pandemic

The bank’s early investment in tech helped it grow its digital customer base to 17 million.

New Zealand sets new debt-to-income restrictions in lending

It reduces the amount of high-DTI loans that local banks can lend out.

China’s measures to fix property slump raises risks for banks

Lower down payments may embolden buyers to walk away, analysts warned.

Credit Data Smart ushers in new era of credit scoring in Hong Kong

It’s expected to promote healthy competition and improve credit knowledge of locals.