Capital / Liquidity

Capital / Liquidity

Japan’s Kirayaka Bank Gets 13 More Years to Repay Public Funds

By Thisanka Siripala | 28/09/2024

Kirayaka Bank has received approval from the FSA and its parent company’s shareholders to postpone repayment of $140 mn in public funds.

Capital / Liquidity

China Announces Series of Measures to Stimulate Economy

By Manesh Samtani | 27/09/2024

The measures seek to boost consumption, support the stock market, free up financial system liquidity, and boost bank capital.

Capital / Liquidity

Japan FSA Approves Merger Between Two Regional Banks

By Thisanka Siripala | 26/09/2024

Fukui Bank and Fukuho Bank are being granted JPY 3 billion in financial assistance from the government to cover the merger costs.

Capital / Liquidity

APRA Remakes IRRBB Standard as Stopgap Until Revisions Take Effect

By Thisanka Siripala | 25/09/2024

APRA has remade its existing IRRBB standard so it continues to apply until 1 October 2025, when revisions to the standard take effect.

Capital / Liquidity

BCBS Advances Follow-up Response to 2023 Banking Turmoil

By Editors | 25/09/2024

The BCBS has finalised a new report on the lessons learned from the 2023 banking turmoil, focusing on liquidity risk. The report will be published next month.

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.