CAPITAL / LIQUIDITY

Capital / Liquidity

Major HK Banks Can Handle Risks from Property Loans – S&P Global

By Manesh Samtani | 24/09/2024

Property market strains are “manageable” for large Hong Kong banks, though small and midsize banks with concentrated CRE exposures could face pressure.

Capital / Liquidity

PBOC Governor Unveils Plans to Cut Rates, Lower RRR

By Editors | 24/09/2024

PBOC will reduce bank reserve requirements while also lowering interest rates to provide relief to household borrowers.

Capital / Liquidity

US Fed’s Basel III Plan Faces Pushback From FDIC – Report

By Mark Johnston | 24/09/2024

Fed Vice Chair Michael Barr’s proposal has been met with resistance from at least three FDIC directors.

Enforcement

MAS Suspends Qoo10 Payment Services Over Merchant Complaints

By Nithya Subramanian | 24/09/2024

MAS ordered the suspension after Qoo10 failed to demonstrate that it had the necessary resources to fulfill its payment obligations.

Capital / Liquidity

BSP Announces Significant Cut to Bank Reserve Requirements

By Editors | 24/09/2024

The BSP cut the RRR for universal and commercial banks by 250 basis points, bringing it from 9.5 percent to 7 percent.

Capital / Liquidity

Taiwan Raises RRR, Unveils New Property Lending Controls

By Editors | 23/09/2024

The central bank announced four measures to curb property lending while also reducing bank liquidity through an RRR cut.

Market Infrastructure

BIS Paper Examines Central Clearing in Government Bonds

By Manesh Samtani | 22/09/2024

New BIS paper says centrally clearing could help mitigate risks and improve intermediation but introduce different challenges.

Capital / Liquidity

Bangladesh Bank to Guarantee Loans Extended to Distressed Banks

By Ajoy K Das | 20/09/2024

Stronger banks will provide loans to five distressed banks, protected by guarantees from the central bank.

Capital / Liquidity

BSP to Cut Bank Bank Reserve Requirements in ‘Substantial’ Way

By Editors | 20/09/2024

Banks in the Philippines have offered to lower transaction costs on small-value fund transfers in exchange for lower reserve requirements.