Bank loans

China February new bank loans fall more than expected, mounting pressure on c.bank

Credit growth is below expectations February new loans 1.23 trln yuan against f’cast 1.49 trln yuan Money supply in February M2 +9.2% year on year, against an f’cast forecast of +9.5% February TSF 1.19 trln yuan, against f’cast 2.22 trln yuan C.bank maintains an accommodative policy to support growth BEIJING, March 11 (Reuters) – New […]

Bank loans

Bank loans rose 8.5% in January for a sixth consecutive month of growth

Bank lending by universal and commercial banks rose for the sixth consecutive month at a faster pace of 8.5% in January, after the revised rise of 4.8% in December. “Bank lending improved further as the easing of COVID-19 related restrictions and the continued rollout of the vaccine supported market sentiment and demand. On a seasonally […]

Bank loans

Bank lending to the private sector in Nigeria increased by N5.58 trillion in 2021

Nigerian banks raised their lending rate to the private sector in 2021 by 16.6% as the year elapsed Their loans to the private sector increased by 5.58 trillion naira in December 2021, compared to 30.15 naira recorded in the same period last year CBN data shows increase in line with CBN policy to stimulate economy […]

Bank loans

Bank lending to industry: Bank lending to industry accelerates after 21 months

Bank lending to industries crossed the Rs 29 lakh crore mark for the first time in 21 months and stood at Rs 29.85 lakh crore at the end of December, with improving consumer and business confidence opening the door. path to a sustained economic recovery. Major bankers expect the momentum to continue, with demand picking […]

Bank loans

Bank lending to private sector increases by 5.1 trillion naira to reach 36.7 trillion naira – CBN report

Posted February 17, 2022 Between January and December 2021, Nigerian banking sector credit to the private sector increased by N5.1 billion or 16.67%, according to data obtained from the Central Bank of Nigeria. This was in the money and credit statistics released by the regulator. The report showed credit to the private sector stood at […]

Bank loans

Tax-exempt loans to governments and non-profit organizations; Bank loans and direct purchases of municipal securities | Orrick, Herrington & Sutcliffe LLP

Commercial banks and other financial institutions (“lender” or “lenders”) have historically provided financing to government entities and non-profit organizations on a tax-exempt basis through loans and direct purchases of securities municipal. The purchase of municipal securities by a lender is generally referred to as a direct purchase or direct placement. Because bank loans to government […]

Bank loans

New Chinese bank lending hit record high in January as Cenbank eases policy

Jan new loans 3.98 trln yuan vs f’cast 3.69 trln yuan Money supply Jan M2 +9.8% y/y, vs f’cast of +9.2% Jan TSF 6.17,000,000 yuan, compared to 5.46,000,000 yuan f’cast C.bank eases policy to support slowing economy BEIJING, Feb 10 (Reuters) – New bank lending in China more than tripled in January from a month […]

Bank loans

FDIC Could Fight ‘Rent-a-Bank’ Loans

A dozen consumer protection groups like the National Community Reinvestment Coalition are calling on the Federal Deposit Insurance Corporation (FDIC) to end a practice known as “bank lease lending,” used by some online lenders to circumvent state interest rate caps on personal loans. loans and set interest rates above 100% or even 200%. Online lenders […]

Bank loans

Corporate borrowers take advantage of bank loans as yields turn corner

Bombay : An increasing number of corporate borrowers are lining up for bank loans as a direct result of the sharp rise in debt market yields, which has made such borrowing relatively cheaper. With the cost of borrowing rising in recent months, businesses are gradually returning to banks, bankers said. This is especially true for […]

Bank loans

December bank lending rose 4.6% amid favorable PH outlook

Bank lending grew at a faster pace in December due to higher credit demand amid an improving economic outlook, the Bangko Sentral ng Pilipinas said on Monday. Preliminary data showed outstanding universal and commercial bank loans, net of reverse repurchase investments with the BSP, rose 4.6% year-on-year in December, faster than the 4.0% rise. in […]

Bank loans

New bank loans in China hit a record $3.13 billion in 2021, despite falling in December | Investment News

By Judy Hua and Kevin Yao BEIJING (Reuters) – New bank lending in China fell more than expected in December from the previous month, but lending for the whole of 2021 set a record as the central bank slowly ramps up policy support to cushion the economic downturn. Chinese banks extended 1.13 trillion yuan ($177.56 […]

Bank loans

New Chinese bank loans hit a record $3.13 trillion in 2021, despite falling in December

Yuan banknotes are seen in this illustrative photograph taken in Beijing July 26, 2010. REUTERS/Jason Lee Join now for FREE unlimited access to Reuters.com Register New loans in December 1.13 trln yuan vs f’cast 1.25 trln yuan Dec M2 money supply +9.0% y/y, vs. +8.7% f’cast Dec TSF 2.37 trln yuan, vs f’cast 2.45 trln […]

Bank loans

Bank lending to government rises 23% in nine months to N2.1tn

Posted January 11, 2022 Bank loans to the government increased by 22.59%, reaching N2.17 billion at the end of September 2021 against N1.77 billion recorded in December 2020. This represents an increase of 400 billion naira over the nine-month period. This was in the Central Bank of Nigeria report titled “The Sectoral Allocation of Depository […]

Bank loans

Why Bank Loans Look Attractive in Today’s Market

KanawatTH/iStock via Getty Images By Reema Agarwal, CFA, Director, Floating Rate Debt, Franklin Templeton Fixed Income The technical and fundamental picture looks favorable for bank lending for a number of reasons, according to Reema Agarwal, director of floating rate debt at Franklin Templeton Fixed Income. She says current spreads look attractive amid what will likely […]

Financial institutions

Banking and financial institutions disbursed $44.9 billion in loans, an increase of 23%

The National Bank of Cambodia (NBC) said that by the end of the third quarter of 2021, banking and financial institutions had extended loans totaling 185.1 trillion riels, or about $44.9 billion, to agriculture. , construction, manufacturing, services, wholesale and retail trade and households. . This represents an increase of 23% compared to the same […]

Bank loans

China: New November Bank Loans Increase Less Than Expected As Position Shifts Towards Easing

BEIJING: New bank lending to China increased less than expected in November compared to the previous month, even as the central bank seeks to support slowing growth in the world’s second-largest economy. Chinese banks granted 1.27 trillion yuan ($ 200.19 billion) in new yuan loans in November, up from October but below analysts’ expectations, according […]

Bank loans

China New bank lending in November rises less than expected as stance tilts toward easing

Nov new loans 1.27 trln yuan against f’cast 1.56 trln yuan Money supply Nov M2 +8.5% y/y, vs f’cast of +8.7% Nov TSF 2.61 trillion yuan, vs f’cast 2.70 trillion yuan C.bank’s stance tilts toward easing as growth slows BEIJING, Dec 9 (Reuters) – New bank lending in China rose less than expected in November […]

Bank loans

China Oct, new bank loans fall less than expected, mortgages rise

BEIJING: New bank lending to China fell sharply in October compared to the previous month, but not as bad as expected by analysts who expect the central bank to cautiously ease monetary policy amid the risks of stagflation. Data released by the People’s Bank of China on Wednesday showed that banks made new loans of […]

Bank loans

China October New bank loans fall less than expected, mortgages rise | Investment News

By Judy Hua and Kevin Yao BEIJING (Reuters) – New bank lending in China fell sharply in October from the previous month, but not as badly as analysts expected, expecting the central bank to cautiously ease monetary policy amid the risks. of stagflation. Data released by the People’s Bank of China on Wednesday showed banks […]

Bank loans

China’s new October bank loans are expected to halve from the previous month – Reuters poll

BEIJING: New bank lending to China is expected to have plunged in October from the previous month, but yuan lending is expected to be higher than a year earlier, a Reuters poll showed, as the central bank wary of the policy easing amid stagflation concerns. . It is estimated that Chinese banks issued 800 billion […]

Bank loans

China’s October new bank loans expected to halve from previous month

U.S. 100 dollar banknotes and Chinese 100 yuan banknotes are pictured at a branch of a foreign bank in Beijing January 4, 2016. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register New loans in October at 800 billion yuan against 1.66 trln yuan in September Money supply growth in October at 8.3% […]

Bank loans

China’s October new bank loans expected to be halved from previous month – Reuters poll | Investment News

BEIJING (Reuters) – New bank lending in China is expected to have plunged in October from the previous month, but yuan lending is expected to be higher than a year earlier, according to a Reuters poll, as the central bank wary of policy easing amid stagflation concerns. Chinese banks are estimated to have issued 800 […]

Bank loans

Industry share in bank lending to record 26%, data shows

The share of industrial credit in bank lending, after years of sluggish growth, fell to an all-time high of 26 percent in the first five months of FY22, from 26.6 percent in the FY21. At its peak in FY13, industrial credit accounted for almost 46 percent of loan disbursements. In comparison, personal loans, including home […]

Bank loans

China Bank loans in September rise less than expected, broader credit growth slows

BEIJING: New bank lending in China accelerated in September from the previous month, but fell short of expectations as the central bank tried to support the sluggish economic recovery while keeping an eye on rising debt and bubble risks. The world’s second-largest economy has rebounded from the depths of the COVID-19 pandemic, but has shown […]

Financial institutions

G20 financial institutions exposed to $22 trillion in polluting industries: report

Financial institutions in G20 economies have nearly $22 trillion of exposure to carbon-intensive sectors, 60% with banks, 30% with asset manager equity portfolios and the rest is weighted in cash and government securities, according to a report. While banks’ exposure stands at $13.8 trillion, asset managers’ equity holdings stand at $6.6 trillion and the remaining […]

Bank loans

Forest fires and bank loans in Turkey • City, University of London

Perhaps one of the most worrying signs of climate change, unprecedented wildfires have broken out in several Mediterranean countries in recent weeks, devastating the forests of many coastal cities in Turkey and Greece. The fires have ravaged homes and businesses, killed many farmers’ livestock and possibly even more wildlife. with temperatures estimated at 200°C. However, […]

Debt finance

S. Korea mulls additional steps to reduce household debt: CFO

SEOUL, Sept. 15 (Yonhap) — Finance Minister Hong Nam-ki said Wednesday that the government will explore additional measures to reduce household debt, including stricter lending rules for non-bank institutions. , if necessary. Hong said the country would seek to minimize the impact of loan regulations on people trying to take out loans to find rental […]

Bank loans

Forest fires and bank loans in Turkey

Turkey’s recent wildfires not only destroyed more than 95,000 hectares of its coastal forest land, but also further divided the country in its political colors. This article examines the implications of the recent confrontation between central and local governments and explores in detail how the costs of political misalignment may affect bank lending practices in […]

Bank loans

SG bank loans rise by a record 3.5% in June

This is the fastest expansion rate since October 2018. Singapore bank lending rose 3.5% year-on-year (YoY) in June, the highest since October 2018, amid market optimism, OCBC Treasury Research reported. This is due not only to last year’s weak base, but also to more buoyant economic sentiment. Business loan growth finally returned to positive territory […]

Bank loans

HDFC Bank loans surge over 14% to Rs 11.47 lakh crore in June

HDFC Bank on Monday reported a growth of 14.4% in advances to over Rs 11.47 lakh crore as of June 30 this year. “Advances from the bank amounted to approximately Rs 11.475 billion as of June 30, 2021, a growth of approximately 14.4% from Rs 10.033 billion as of June 30, 2020 and a growth […]

Bank loans

Chinese bank lending unexpectedly increases in May, but broader credit growth slows

A Chinese yuan note is seen in this illustrative photo from May 31, 2017. REUTERS/Thomas White/Illustration Join now for FREE unlimited access to Reuters.com Register BEIJING, June 10 (Reuters) – China’s new bank lending unexpectedly rose in May from a month earlier, but overall credit growth continued to slow as the central bank sought to […]

Bank loans

Traditional U.S. bank lending is drying up for small businesses – what can they do? | Genetic marks

As if small businesses haven’t had enough to deal with this year, now there’s something else: traditional bank lending is drying up. This is according to the latest monthly report from finance company Biz2Credit. The company’s Small Business Lending Index, which analyzes more than 1,000 loan applications from small business owners on its lending platform […]