Lending
Most base metals rise on China lending rate cuts, stimulus hopes
MOST nonferrous metals rose on Monday (Oct 21), buoyed by lending rate cuts in top consumer China and expectations of further stimulus to spur economic growth.
Three-month copper on the...
India central bank bars four non-banks from fresh lending for breaching norms
INDIA’S central bank barred four non-bank finance companies (NBFCs) from sanctioning and disbursing loans due to “usurious” pricing and for charging a significant mark-up over their funding costs, it...
RBNZ says bank capital rules just one part of lending decisions
NEW Zealand’s central bank has defended its position on bank capital requirements after claims they may be contributing to a lack of competition between lenders.The Reserve Bank of New...
China’s banks maintain key lending rates as PBOC stays on pause
CHINESE banks maintained their benchmark lending rates for September, as policymakers hold off on further monetary stimulus while financial institutions struggle with record-low profit margins.The one-year loan prime rate...
Chinese banks hold key lending rates after PBOC signals caution
CHINESE banks kept their benchmark lending rates unchanged for August, as profit margins come under pressure and policymakers focus on the health of financial institutions.The one-year loan prime rate...
Mizuho profit rises unexpectedly on higher lending income
MIZUHO Financial Group reported a better-than expected increase in its quarterly profit driven by strong performance in its lending and trading businesses.
Net income at Japan’s third-largest bank rose 18...
China central bank surprises by lending again at lower rates
CHINA’S central bank surprised markets for a second time this week by conducting an unscheduled lending operation at steeply lower rates, suggesting authorities are trying to provide heavier monetary...
China likely to maintain lending rates even as economy slows
CHINA is expected to leave benchmark lending rates unchanged on Jul 22, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter economic data,...
