Lending & Credit
Taiwan’s First Commercial Bank boasts sound asset quality but property risks abound
Taiwan’s First Commercial Bank boasts sound asset quality but property risks abound
                                                                                                 
                        
                          It should be able to mitigate these risks with its conservative LTV ratio and solid economic conditions.
                    
                                        
                    
                Weekly Global News Wrap: HSBC may receive just $21.7m from Russia sale; 282 US banks at risk
                                                                                                 
                        
                          And Japan’s small businesses, homeowners brace for life after the interest rate policy shift.
                    
                                        
                    
                Japan banks clinch $1.98b boost in interest income after policy shift
                                                                                                 
                        
                          But a rise in deposit rates presents risks, analysts warned.
                    
                                        
                    
                South Korean banks’ bad loans climb 0.47% in December
                                                                                                 
                        
                          This reflects a significant increase compared to the previous year.
                    
                                        
                    
                Banks fine but SMEs at risk by Japan's 'historic' policy shift
                                                                                                 
                        
                          SMEs may see more challenges from the higher interest rates and higher wages.
                    
                                        
                    
                Japan exits negative interest rate policy on record wage hikes
                                                                                                 
                        
                          With salaries rising by 5.28% on average, the BOJ sees cycle of wages and prices more “solid”.
                    
                                        
                    
                Taiwan credit card firms’ hold $3.34b in revolving credit as of January 2024
                                                                                                 
                        
                          A total of 37.89 million cards are active as of end-January, according to official data.
                    
                                        
                    
                Korea’s credit finance companies’ net income 20.7% lower in 2023
                                                                                                 
                        
                          Total revenues rose, but so did expenses and bad loans coverage.
                    
                                        
                    
                South Korean credit card firms report $1.93b net income for 2023
                                                                                                 
                        
                          Total revenue and expenses rose during the period.
                    
                                        
                    
                BOJ disbursed $66.4b in loans to stimulate bank lending
                                                                                                 
                        
                          The outstanding balance of 6 major banks is at $218b.
                    
                                        
                    
                Taiwan banks’ loans up by $10.78b in January: FSC
                                                                                                 
                        
                          The bad loans ratio rose to 0.15%.
                    
                                        
                    
                Vietnam’s HDBank ramps up lending to support rice production
                                                                                                 
                        
                          The bank also offers a loan programme with 0% interest to agriculture and rural areas.
                    
                                        
                    
                Bangkok Bank unveils financing service for gold traders
                                                                                                 
                        
                          It has partnered with InterGold Gold Trade Co. to launch an online lending service to gold traders.
                    
                                        
                    
                Philippine bank lending up 7.8% in January: central bank
                                                                                                 
                        
                          Salary-based loans and motor vehicle loans pushed consumer loans to a 25.2% growth.
                    
                                        
                    
                Siam Commercial Bank buys Home Credit Vietnam Finance for $849m.
                                                                                                 
                        
                          The transaction is expected to be completed in the first half of 2025.
                    
                                        
                    
                New rules, price caps to push more mergers amongst Indonesia’s P2P lenders
                                                                                                 
                        
                          The regulations will raise compliance costs, but price caps will make it hard to offset them.
                    
                                        
                    
                Japan to break free from negative rate policy after wage hike: analyst
                                                                                                 
                        
                          The negative rate environment is likely to end in April 2024.