loans

From Google Drive

Singapore June bank lending rises 7.6% on-year

SINGAPORE (July 31): Singapore's total bank lending in June rose 7.6% compared to a year earlier, helped by increases in housing and bridging  loans, central bank data showed on Monday.

Global Markets

Risky and complex US loan wagers are red hot in low-yield Asia

NEW YORK (May 19): Asia’s yield-hungry investors have a lot riding on the financial engineers of Wall Street.

Yanlord inks $1.5 bil credit facility with consortium of 26 financial institutions

SINGAPORE (April 24): Real estate developer Yanlord Land Group today signed a landmark US$1.05 billion ($1.5 billion) syndicated 3.5 year credit facility with a consortium of 26 global banks and financial institutions, for refinancing and general corpora

Nam Cheong announces over $300 mil in liabilities; mulls restructuring

SINGAPORE (April 24): Nam Cheong, the OSV builder has revealed the extent of “various obligations” owed to financial lenders and trade creditors that have fallen due, and that it expects to fall due.

Triyards says no going concern worries, to review potential impact of Ezra bankruptcy filing

SINGAPORE (March 22): Triyards Holdings, the 60%-owned subsidiary of beleaguered offshore company Ezra Holdings, says it is in the midst of assessing the potential impact of Ezra’s recent bankruptcy filing on the group – but, at this stage, does not

Singapore Dec bank lending edges up on construction sector loans

SINGAPORE (Jan 31): Singapore's total bank lending in December rose 1.1% from November, on the back of a rise in loans to the building and construction sector, central bank data showed on Tuesday.

Are you a prisoner in your own bank?

SINGAPORE (Dec 2): “Hidden defection”, they call it. This is the term Bain & Company uses to describe the act of purchasing a new banking product from a competing bank or financial technology (fintech) firm.

Broker's Calls

Singapore banks face near-term headwinds; muted 3Q expected

SINGAPORE (Oct 12): Goldman Sachs expects 3Q to be muted quarter for DBS, OCBC and UOB, with margins coming pressure and muted credit growth. Meanwhile, the Singapore banks appear to be bracing for more defaults in the oil & gas sector though exposures sh

DBS loaned US$146 mil to Swiber in last two months: documents

SINGAPORE (Aug 2): DBS Group Holdings, Singapore's biggest bank, made two loans to oil and gas services firm Swiber Holdings totalling US$146 million ($196 mil) weeks before the company filed for liquidation, according to court documents seen by Reute
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