All posts tagged "ABC"
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138Asia-PacificCambodia: NBC Extends Debt Relief Measures to Year-End
The NBC has committed to maintaining the RRR at 7 percent "until further notice" and removed a three-time limit on debt restructuring.
June 2, 2021 -
212Asia-PacificCambodian Lenders Grant Reprieve from Debt Repayment
Six measures have been announced, including lower interest rates, credit restructuring benefits and relief for Covid-19 patients.
April 15, 2021 -
622Capital RegulationCBIRC Finalises Net Capital Rules for Banks’ Wealth Management Units
The regulator has fixed the minimum net capital for commercial lenders' wealth management subsidiaries at 500 million yuan, and at least 40 percent of the net assets.
December 6, 2019 -
759Capital RegulationCBIRC Orders Banks to Disclose NSFR Every 6 Months
China's banking regulator has issued new rules requiring mandatory disclosure of NSFR every six months, and additional public disclosures of NSFR data on banks' websites.
March 21, 2019 -
819ChinaCBIRC Green-Lights a Fifth Bank’s Wealth Management Subsidiary
ICBC has become the 5th bank to receive approval to set up a wealth management subsidiary, through which it can channel WMP funds into the stock market.
February 18, 2019 -
727China
CBIRC Issues Rules for Banks on Wealth Management Subsidiaries
Wealth management subsidiaries set up by commercial banks can directly invest funds from wealth management products into the stock market.
December 4, 2018 -
796Capital RegulationMore Chinese Institutions to be Designated ‘Systemically Important’
Regulators will designate more financial institutions as 'too big to fail' and subject them to additional prudential and supervisory requirements.
November 29, 2018 -
625ChinaChina to Station Anti-Graft Officials at State Banks, Insurers
China is planning to install anti-graft officials at some of the largest state-owned financial institutions in the country, according to an SCMP report.
November 9, 2018 -
1.0KCapital Regulation
PBOC Seeks Acceleration of TLAC Implementation at China’s G-SIBs
The central bank said China might implement the TLAC framework earlier than 2025 because the country's ratio of credit bonds to GDP may exceed the 55% trigger set by the FSB.
November 8, 2018 -
690Capital Regulation
Audit Officials Find Illegal Lending at Chinese Banks
ICBC, ABC and CITIC illegally extended loans to unqualified companies or industries, inflated the size of their deposits, engaged in illegal shadow-banking actives, and had shortcomings in their credit risk management.
June 25, 2018
