To meet official lending targets, many Chinese banks are resorting to instant loan tactics where clients take out loans briefly and repay them soon after, masking low credit demand
The combined market-capitalisation (market-cap) of the top 25 banks globally rose 5.4 per cent quarter-on-quarter (QoQ) in the April - June 2024 period (Q1-FY25)
Indian lenders invested heavily in expansion, opening new branches, adding customers and boosting technology infrastructure to continue as the fastest-growing major economy in the world
Bank of Communications Co. reported Wednesday that its property bad loan ratio jumped to 4.99 per cent at the end of last year from 2.8 per cent a year earlier
Already stung by soaring bad loans and record low net interest margins, lenders such as Industrial and Commercial Bank of China Ltd. may soon be asked for the first time to provide unsecured loans
Exposure to local government financing vehicles and a deflationary economy is compounding the pressure, Bloomberg Intelligence analyst Francis Chan said
China's Central bank data showed a sharp slowdown in aggregate financing, a broad measure of credit, in July, as new loans and corporate bond issuance weakened
To cope up with country's dwindling cash reserves, loan of $2.3 billion from a Chinese consortium of banks to Pakistan is expected within a "couple of days"