Saturday, April 27, 2024

Tag Archives: lending

Asian firms to hurt as Europe banks cut lending

* Asian banks lack capacity to fill in gap left by Europeans * Low global interest rates may create property bubble in Asia * MAS takes steps to boost Sing dollar corp bond liquidity (Recasts on impact of reduced European bank lending) SINGAPORE, March 14 (Reuters) – European banks will continue to reduce their lending in Asia, posing problems for …

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Chinese lenders’ net profit grows in 2011

chinese yuan profit

BEIJING, Feb. 19 (Xinhua) — China’s commercial banks saw their combined net profit expand to 1.04 trillion yuan (165.1 billion U.S. dollars) in 2011, according to latest official data. It was a marked increase from 763.7 billion yuan in 2010, statistics from the China Banking Regulatory Commission (CBRC) show. The lenders’ non-performing loan ratio stood at 1 percent as of …

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Asia plugs European aircraft lending gap

aircraft financing market

(Reuters) – Asian banks are filling the void in the aircraft financing market left by squeezed European lenders, but Middle East tensions and the sheer scale of Asia’s aviation growth look set to leave the industry’s funding on a knife-edge, experts said. Banks from Singapore, China and Japan have stepped up their activities in the lucrative sector. The realignment has pushed back …

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