• Friday
  • September 19, 2014
  • Last updated: 8:25am
Hong Kong




Search Results

Results 1 - 10 of 421 for mortgage loan

Related topics matching your search

Search results

  1. StanChart raises mortgage rate 25bp to keep pace with rivals

    Posted Oct 03rd 2007, 12:00am by Staff Reporter

    ... Liew, Standard Chartered Hong Kong general manager for mortgages and car loans. The Hibor rose 25 to 30 basis points over the past month. However, that would not have a major impact on Standard Chartered's mortgage lending since it was a long-term business, she said. Standard Chartered's share of the home loan market rose to 12.4 per cent last month from 11.2 per cent in August, ...

  2. Business - Banking & Finance - PROPERTY

    Bank of China raises fixed rates for Hong Kong mortgages

    Posted Jul 09th 2013, 12:00am by Paggie Leung

    ... and Hibor-linked mortgage plans, BOCHK said, adding that less than 10 per cent of those taking out a bank loan to buy a home opted for such a mortgage. To avoid a price war, the bank is not changing its ... Lender says new charges apply to those who upgrade homes and come amid rise in costs The city's biggest mortgage lender, Bank of China (Hong Kong), has increased the rates ...

  3. Rate cuts see home loans increase

    Posted Nov 27th 2007, 12:00am by Peggy Sito

    ... to switch funds to properties. The HKMA said new loans drawn down increased by 6.4 per cent last month from September to HK$15.9 billion. New approved mortgages offered at more than 25 basis points below the prime rate accounted for 94 per cent of total new lending, up from 92.5 per cent in September. Meanwhile, Bank of China (HK) raised its mortgage rate for loans valued at HK$1.5 million ...

  4. HSBC slashes mortgage rate in bold move to regain lost market share

    Posted Feb 16th 2006, 12:00am by Andy Chen

    ... recently,' said Diana Cesar, regional head of deposits, mortgages and special projects for the bank's personal financial services division. BOCHK and Citigroup recently began offering home loans ... and review their loans packages. A Hang Seng spokeswoman said the bank might adjust its mortgage offers. Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong has warned banks ...

  5. Bocom reveals 429m yuan in soured loans

    Posted Aug 19th 2011, 12:00am

    ... Daniel Ren in Shanghai ren.wei@scmp.com Bank of Communications, whose first-half profit rose almost 30 per cent, said six loans to local government financing vehicles (LGFV) had defaulted, but it remained confident that most of the billions of yuan in similar loans could be repaid. In the first six months of the year, six such loans worth 429 million yuan turned sour, the bank's ...

  6. BOCHK net beats market forecast despite impact of mortgage crisis

    Posted Mar 26th 2008, 12:00am by Staff Reporter

    ... provisions for its United States subprime investments. The local mortgage lender said net profit rose 10.3 per cent to HK$15.45 billion from HK$14.01 billion in 2006. Analysts polled by Thomson ... to 2.07 per cent. Goldman Sachs does not expect BOCHK's net interest margin gain to continue this year due to slowing loan growth, falling interbank rates and declining yields in its fixed ...

  7. BOC goes for rapid loan growth

    Posted May 27th 2006, 12:00am by Staff Reporter

    ... Maria Chan Lender shrugs off possible effect of property market cooling measures on expansion of its loan portfolio Bank of China, whose $75.4 billion flotation was the world's largest in six years, plans to expand its corporate and retail loans by between 10 per cent and 20 per cent a year over the next three years. According to chairman Xiao Gang, Bank of China plans ...

  8. Earnings rise 42pc as Bocom loans surge

    Posted Aug 17th 2007, 12:00am by Carol Chan

    ... on rising lending and fee income, but it cut its second-half loan-growth target to focus on higher-yielding opportunities. In the six months to June, the lender 18.6 per cent owned by HSBC increased ... would have increased 63 per cent, he said. The Shanghai-based bank said it was lowering its second-half loan-growth target to 15 per cent from 20 per cent, and planned to reduce its exposure ...

  9. BOCHK earnings surge on wider interest margin

    Posted Aug 30th 2006, 12:00am by Staff Reporter

    ... and wider interest margin. Operating profit before loan impairment allowances rose to HK$7.54 billion for the first six months from HK$5.61 billion a year ago, driven by a 21 per cent increase in net fees and commissions mainly from stockbroking and asset management. Lending fell 0.2 per cent, of which mortgage loans dropped 4.8 per cent amid intensified competition. Still, net ...

  10. Extra aid for first-time home buyers on mainland

    Posted Feb 09th 2012, 12:00am

    ... not officially announced details of any move to support first-time buyers. 'Banks have told us that they will access mortgage loan applications for first-time purchasers at a five per cent discount ... reduced the amount of money that banks can lend on mortgage loans, restricted people from buying more than two homes and raised mortgage interest rates and down- payment requirements to rein ...




SCMP.com Account