Lending
Goldman Sachs aims to double lending to wealthy private bank clients
GOLDMAN Sachs aims to double its lending over the next five years to ultra-wealthy private bank clients with account sizes exceeding US$10 million, as it gathers more deposits to...
New Zealand central bank to activate debt-to-income tool to reduce high-risk lending
NEW Zealand’s central bank will limit the amount of money banks can lend for house purchases to six times a borrower’s annual pre-tax income. The Reserve Bank of New...
China’s central bank guides banks to step up lending in May: sources
CHINA’S central bank has guided some commercial banks to accelerate the pace of lending in May, four sources with knowledge of the matter said, after broad credit growth in...
Chinese banks keep lending rate unchanged after PBOC hold
CHINESE banks left their benchmark lending rates unchanged following the central bank’s decision last week to hold a key rate on loans it offers to lenders.
China expected to stand pat on lending rates in May
China is widely expected to hold benchmark lending rates steady on Monday (May 20), a Reuters survey showed, although expectations are growing for a cut in the mortgage reference...
Australia lending rules make banks go ‘too hard’ on due diligence: Westpac
AUSTRALIA’S “responsible lending” rules have led to longer mortgage approvals without fixing structural problems in the property market, the country’s third-biggest bank by assets said on Wednesday.A housing-affordability crisis,...
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to stand pat on monetary policy.The one-year loan prime rate...
China set to keep lending benchmark LPRs unchanged in April
CHINA is widely expected to leave benchmark lending rates unchanged on Monday (Apr 22), a Reuters survey showed, as encouraging first quarter economic data reduces the urgency for further...
