A plan by the Italian government to support borrowers in financial difficulty could damage banks' efforts to off-load nonperforming loans as bad debt investors would face more uncertainty. Banks have shifted soured debt off their balance sheets in recent years with the help of the Garanzia sulla Cartolarizzazione delle Sofferenze (GACS), a scheme that offers a state guarantee o...
READIndian banks are likely to attract increasing global investment from investors looking for better returns as higher credit growth, improved margins and stable asset quality boost lenders. The total market value of foreign institutional investors' holdings in Indian banks has risen in recent years, climbing to 8.363 trillion rupees as of June 30 from 7.713 trillion rupees a year...
READVietnam's banking sector is poised for an increase in mergers and acquisitions over the next two years, as lenders seek to bolster their capital while the country's stable economic growth attracts investors. Thailand's Kasikornbank PCL is reportedly in talks to acquire consumer finance provider Home Credit Vietnam in a deal valued at about $1 billion. If successful, this would ...
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