• Wed
  • Aug 27, 2014
  • Updated: 8:41pm

Bank Loans

Philippines weighs up property cooling measures

The Philippine central bank is reviewing property loans data to determine whether cooling measures are needed to avert a bubble, Deputy Governor Nestor Espenilla said.

Wednesday, 1 May, 2013, 3:44am

CBRC tightens grip on bank loans

The mainland's banking regulator has escalated its warnings about lenders' exposure to local government financing vehicles (LGFVs). Loans to these financing vehicles have increased to 18 per cent of gross domestic product as non-bank credit pours into the risky sector.

16 Apr 2013 - 5:50am

Boost to China's money supply brightens outlook

New loans extended by mainland banks and non-bank entities grew more than anticipated last month, suggesting there is ample liquidity available to support a recovery in the world's second-largest economy.

12 Apr 2013 - 5:58am

Boao Forum study shows small enterprises lack financial support

Lack of financing support from big banks is a major obstacle for small enterprises trying to upgrade production and expand into new markets in today's challenging market conditions, a government survey shows.

7 Apr 2013 - 7:06am

'Too big' ICBC announces slowdown in growth

ICBC, the world's largest bank by market value and assets, plans to slow down asset expansion this year and tolerate a higher bad-loan ratio, underscoring the pressure from stricter capital rules and the anticipation of an economic slowdown.

28 Mar 2013 - 5:52am

Bocom says no new capital needed as profit jumps

Bank of Communications (Bocom) said its existing capital could sustain the growth of the bank and it had no plan to raise funds in the equity market. The bank's net profit jumped 15 per cent to 58.3 billion yuan (HK$72.8 billion) last year, in line with market expectations. It declared a final dividend of 24 fen.

28 Mar 2013 - 6:31am

Chasing shadows

One year after the mainland's leaders picked Wenzhou to start a pilot programme designed to curb and regulate the city's informal shadow-lending networks, it's clear the plan isn't working. Small firms it intended to benefit still can't access loans because they lack collateral and are struggling to stay afloat. 

28 Mar 2013 - 6:31am

Letters to the Editor, February 8, 2013

A priority policy should be in place not just for education, but for other services, including welfare, because people living locally contribute to the government budget as Hong Kong taxpayers.

8 Feb 2013 - 3:25am

Loans by Hong Kong banks to mainland firms drop sharply

Total lending to non-bank mainland companies rose 13 per cent in the first nine months of last year over the same period in 2011, less than a third of the 42.9 per cent growth rate seen in 2011, the Hong Kong Monetary Authority said.

7 Feb 2013 - 5:16am

Banking regulator may raise loan limit

The mainland banking regulator is fine-tuning an 18-year-old ceiling on bank loans.

Mainland banks cannot lend more than 75 per cent of their outstanding deposits, according to a 1995 commercial bank law. While regulators check the ratio on a monthly basis, banks often try to attract deposits by offering high rates and moving loans off balance sheet to dodge the rule.

30 Jan 2013 - 1:34am