Prudential Risk

Capital Adequacy

PBOC Calls on Banks to Expand Ability to Provide Credit

By Editors | 26/08/2021

Banks are told to build up capital to improve their ability to provide credit to MSMEs, technological innovation, and green development.

Credit Risk

APRA Releases Response Letter on Treatment of Covid Loans

By Sanday Chongo Kabange | 26/08/2021

APRA is extending the time period for temporary adjustments to APS 220 so that loans granted repayment deferrals from 8 July until 30 September are covered.

Emerging Prudential Risks

S. Korea, Sri Lanka Become First in APAC to Raise Interest Rates

By Editors | 26/08/2021

The BOK is looking to curb household debt and home prices. The CBSL wants to stem inflationary pressure and the depreciation of the local currency.

Credit Risk

Australia Revamps, Expands SME Recovery Loan Scheme

By Editors | 26/08/2021

Eligibility requirements for SMEs to have received JobKeeper during Q1 2021 or to have been a flood affected business will be removed.

Credit Risk

Korean FIs Suspend Loans to Curb Rising Household Debt

By Editors | 26/08/2021

Brokerages and banks are starting to suspend new lending for stock and housing investments to rein in household debt.

Capital Adequacy

RBI Panel Proposes New Regulatory Framework For UCBs

By Sanday Chongo Kabange | 26/08/2021

The RBI panel recommends a four-tier structure for regulating UCBs, and the establishment of an umbrella organisation to oversee them.

Credit Risk

PBOC, CBIRC Pressure Evergrande to Resolve Debt Risks

By Editors | 24/08/2021

Evergrande must actively diffuse debt risk and maintain real estate and financial markets stability, the PBOC and CBIRC said in a rare joint statement.

Operational Risk

Japan FSA Orders Mizuho to Explain Latest System Failure

By Editors | 24/08/2021

Mizuho Bank and Mizuho Trust were unable to complete customer transactions at all branches counters across Japan due to equipment failures.

Capital Adequacy

BOT Announces Measures to Incentivise Debt Restructuring

By Pongnut Thanaboonchai | 24/08/2021

The incentive scheme involves a relaxation of capital reserve requirements through flexible implementation of classification and provisioning guidelines.