News

Lenders will focus on domestic exposure to SMEs and households.

Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.

However, the downtrend is likely to stabilise soon.

And foreigners can now own up to 25% of Abu Dhabi Islamic bank.

Consumer loans outpaced industry average at 8.4%.

Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers Association (MPAS) Awards.

The rationale was to give local businesses more access to financing.

JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.

Users from MUFG and Sumitomo may soon be able to withdraw at both ATMs for free.

Taiwan is amongst the most exposed to US tariffs on Chinese goods.

However, this is still lower than the 2008 average.

NAB would need to increase its capital by $13.8b.

Lumpy business loans drove lending gains.

Trade tensions and higher interest rates will dampen borrowing.

Lenders are growing their foreign currency desks.

The drawn-out approval process will be re-assessed.