Lending & Credit

SG fintech UnaFinancial establishes microfinance company in Uzbekistan

The installment loans to be offered will have repayment terms of 3, 6, or 9 months.

SG fintech UnaFinancial establishes microfinance company in Uzbekistan

The installment loans to be offered will have repayment terms of 3, 6, or 9 months.

India’s HDFC Bank clinches $500m to support microlending for women

The loan will enable the bank to grow its microlending to women, HDFC said. 

South Korean banks’ bad loan rate improves in March

Delinquency rate of loans to large companies, SMEs, and households fell.

Low carbon push adds $8.4b addt'l revenue for APAC banks

Between 2031 to 2050, APAC banks will likely 

Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK

The two will make business models enabling operators to clinch EV funding.

Household loans by South Korean banks rise in April

A series of IPOs in April and May helped push up credit loan volumes.

Why banks need fintechs to buoy loan growth

Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.

No contagion risk for Vietnam banks from billionaire corruption scandal

But it exposed structural weaknesses in Vietnam’s banking and financial industry.

PH banks’ total assets expanded 9.2% to $439.3b in 2023

Both lending and investing activity grew during the period.

Chinese banks dominant whilst Japan, South Korean banks’ assets falter

Australian and Singaporean banks’ assets remained steady, S&P’s study showed.

Philippine loan officer fined for violating lending regulations

The officer was an employee of the now closed Ruran Bank of Buguias (Benguet).

Citi, ABD ink deal to enhance supply chain financing for SMEs in Asia

It is expected to support over $100m of additional trade across APAC.

HK mortgage loans in negative equity surpasses 32,000 in March

The delinquency ratio also jumped to 0.06% from 0.03% previously.

PH banks maintained loan standards in Q1

An estimated 3 in 4 banks maintained credit standards for housing loans.