Culture
Floating rates are back on the radar, but fixed mortgages still rule Singapore’s home loans
After several years of rate volatility, many borrowers are placing greater emphasis on certainty Interest in floating-rate home loans is…
Tag
Loans
Culture
HSBC plans risk transfer linked to 2 billion euros of corporate loans
It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options HSBC is gauging investor demand…
Culture
Keppel Reit unit secures three bridge loans totalling S$892 million
The manager of Keppel Real Estate Investment Trust (Reit) said on Wednesday (Dec 24) that it has obtained three bridge loan facilities…
Business
Putin says loans for Ukraine will impact EU budgets
Russian President Vladimir Putin accused the European Union of the attempted "robbery" of Russian state reserves, which he claimed had…
Culture
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins…
Blog
Shutdown halts billions in small business loans, government contracts, SBA administrator says
Smaller companies across America have lost access to capital because of the government shutdown and those with federal contracts have…
Culture
Lloyds bank says profits shrink on bad car loans
Profit after tax dropped 14% to £2.9 billion in the first nine months of the year British lender Lloyds Banking Group on Thursday (Oct 23)…
Culture
Del Monte Pacific restates US$443 million loans to non-current status; auditor issues disclaimer on US$703 million entry
Del Monte Pacific (DMP) will not have to repay a loan of nearly US$443 million in the current fiscal year after reclassifying them as…
Culture
OCBC aims to provide social loans to 10,000 women entrepreneurs by 2030, up from 2,000 now
The programme in Indonesia, Singapore, Hong Kong and Malaysia offers financing to women-led startups within their first two years of…
Culture
Aoxin Q&M’s ex-CEO accused of taking 15 million yuan via improper loans, sham share deals
The audit committee has ‘reasonable evidence’ that four whistleblower reports received by the board are credible The audit committee of…
Culture
Lululemon founder Chip Wilson pledges stock for US$500 million in loans
Lululemon Athletica founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire…
Culture
More customer interest in floating-rate home loans amid Sora decline in Q2
The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore…
Culture
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
Culture
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Culture
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to…
Business
EU members eye €127 billion in loans for defense procurement
PARIS — European Union member states expressed interest in at least €127 billion ($146 billion) in EU-backed loans to pay for defense…
Culture
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck…
Culture
China banks stoke controversy with loans to boost pensions
Rural banks in China have created a public stir by targeting low-income earners and the elderly with loan products designed to plug their…
Culture
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Culture
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in…
Style
Small Business Loans: The New Rules
Getting a small business loan can feel overwhelming with all the rules and requirements out there. But understanding what lenders want and…
Culture
Tourism bounce helps Thai banks trim bad loans from three-year high
NON-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery boosted debt…
Culture
GuocoLand bags S$1.2 billion in green loans
One of the two facilities is the group’s largest to date, and will be used to refinance its latest integrated mixed development GuocoLand…
Fashion
Asia-Pacific loans set to recover in 2025 from three-year drop
ASIA-PACIFIC loan volume outside Japan is gearing up for a rebound in 2025 driven by merger and acquisition activity and favourable rates…