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Capital / Liquidity
China’s Liaoning Province Merging 36 Banks Into One Institution
By Manesh Samtani | 15/07/2024
Liaoning Rural Commercial Bank is absorbing 25 rural commercial banks and 11 village banks as part of a central government plan to reform the rural credit system in China.

Capital / Liquidity
Japan FSA Establishes Specialist Team at Kirayaka Bank
By Editors | 14/07/2024
The specialist team will provide advice to the troubled bank on management restructuring and improving its loan screening system.

Capital / Liquidity
Korea Approves Resolution Plans, Announces D-SIBs List
By Manesh Samtani | 14/07/2024
The FSC said future resolution plans need to include measures to address possible IT service interruptions and bank runs.

Capital / Liquidity
RBI Red Flags Bank Accounts Used for Fraud and Evergreening
By Ajoy K Das | 12/07/2024
Banks should rationalise accounts and enforce stringent control measures through proper reporting to the audit committee of the board, said Swaminathan.

Capital / Liquidity
RBI Permits Banks to Use Ratings by Brickwork Ratings India
By Ajoy K Das | 12/07/2024
SEBI had cancelled Brickwork’s registration as a CRA in 2022, but the central bank now has allowed banks to use its ratings for loans up to INR 2.5 billion.

Capital / Liquidity
Bangladesh Bank Issues External Auditor Rules for Banks
By Ajoy K Das | 10/07/2024
The central bank has stipulated that an external auditor appointed by a bank cannot audit the same bank for more than three consecutive years.

Capital / Liquidity
Hong Kong Passes Bill to Raise Depositor Protection Limit
By Sanday Chongo Kabange | 09/07/2024
The bill will raise the protection limit from the current HKD 500,000 to HKD 800,000, effective on 1 October 2024.

Capital / Liquidity
Bangladesh Bank Introduces Exit Policy for Business Borrowers
By Ajoy K Das | 09/07/2024
Borrowers, including defaulters, can pay 10 per cent of the loan upfront and settle the balance in multiple instalments over three years.

Capital / Liquidity
PBOC Expands Toolbox for Managing Liquidity, Rates
By Editors | 09/07/2024
The PBOC now has access to “hundreds of billions” worth of government bonds which it could sell into the market.

Capital / Liquidity
BCBS Consults on Technical Amendments and New FAQs
By Editors | 09/07/2024
One amendment addresses an inconsistency in how “specialised lending” is defined between the SA and IRB approach to credit risk.
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