Chailease - A Window on China Lending, +62% Impairment Costs, Decelerating Loan Growth in China
Chailease offers an alternative view on China lending, where its loan growth is slowing sharply, where credit costs to loans are rising...
123 Views
KB Financial - NPLs from KRW2.1tr to KRW3.1tr YoY Vs +6% Loans. Substandard Loans: Big Issue
KB Financial shows relatively benign credit costs, but NPLs are surging, and its substandard loan growth is especially high. Risks remain for much...
187 Views
Singapore Banks - Domestic Credit Growth Rising Substantially, Credit Cost May Follow With A Decline
Domestic credit growth in Singaporeis uplifting for several months, the rate of growth acceleration in latest month, is strong. Positive...
326 Views
UOB - Profit +SGD228m YoY, Trading & Investment Income +SGD320m YoY, 3Q24 Not as Great as Headline
UOB's results were good at bottom line, but we believe that they are misunderstood. Trading, investment income drove profit delta, not net interest...
317 Views
2025 High Conviction - BMRI Strong Loan Growth at 2x Industry, Better Fees and Lower Costs/Assets
BMRI is taking market share of loans, growing strongly, with no worsening in credit metrics. Slightly lower NIM is offset by higher fees, and also...
334 Views