Eleven banks, including seven that are state-owned, are asked to explain how they plan to address capital shortfalls.
APRA and the RBA consider there to be sufficient HQLA for banks to meet LCR requirements and for the foreseeable future without the need to utilise the CLF.
Banks have been sent a detailed list of the RBNZ's findings and instructions to develop remediation plans and conduct assessments against the findings.
Banks are still required to ensure adequate risk management procedures are in place and that only debtors who are eligible are given the option to restructure their debt.
The mandatory minimum MSME lending requirements will be increased in phases. Lenders that fail to meet the thresholds will face a maximum penalty of IDR 5 billion.
Borrowers will not be considered in default if they repay 25 percent of their loan instalments until December this year.
Bank of Thailand and the Thai Bankers ’Association have agreed on measures to facilitate debt restructuring for long-term debtors.
Banks are told to build up capital to improve their ability to provide credit to MSMEs, technological innovation, and green development.
The RBI panel recommends a four-tier structure for regulating UCBs, and the establishment of an umbrella organisation to oversee them.
The incentive scheme involves a relaxation of capital reserve requirements through flexible implementation of classification and provisioning guidelines.
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