CAPITAL / LIQUIDITY

Capital / Liquidity

Chinese SOE Takes Control of Private Lender Jiangxi Yumin Bank

By Editors | 17/08/2024

The transaction marks the first time a state-owned company has taken control of a private lender in China.

Capital / Liquidity

Thailand to Establish New National Credit Guarantee Agency

By Editors | 17/08/2024

The new agency will assess the credit risk of individual businesses and issue guarantee certificates which can be used to apply for loans from FIs.

Capital / Liquidity

Ripple Starts Testing Stablecoin for Cross-border Payments

By Editors | 15/08/2024

Ripple plans to use both “RLUSD” and XRP in cross-border payments to serve global customers and “dramatically improve their experience”.

Capital / Liquidity

Bangladesh Banking Sector Facing Elevated Risks: S&P Global Ratings

By Manesh Samtani | 14/08/2024

S&P Global Ratings says ongoing reforms could be delayed, liquidity will remain tight, and asset quality vulnerabilities will pressure banks.

Capital / Liquidity

Bank of Laos to Establish Centralised Foreign Exchange Market

By Editors | 14/08/2024

The central bank signed an MoU with 15 banks to establish the new platform, which will help the country move away from informal currency exchange channels.

Capital / Liquidity

RBI Tightens Norms for HFCs to Align with NBFCs

By Ajoy K Das | 14/08/2024

The regulatory changes, effective January 2025, cover requirements on liquid assets and handling of public deposits, among other areas.

Capital / Liquidity

HKMA Issues Supplementary Guidance on Market Risk, CVA Risk

By Sanday Chongo Kabange | 14/08/2024

The guidance clarifies that funding swaps should typically be assigned to the trading book unless designated as hedging instruments under hedge accounting.

Crypto / Digital Assets

DBS Pilots New Blockchain-Powered Treasury Management Platform

By Nithya Subramanian | 14/08/2024

DBS said Ant International will pilot the platform, reducing the time taken to settle cross-border intra-group transactions to seconds.

Capital / Liquidity

HKMA Proposes Revisions to Guidance on Fair Value Practices

By Manesh Samtani | 14/08/2024

The HKMA said the guidance is “especially important for positions without quoted prices in active markets or observable inputs to valuation, as well as less liquid positions.”