The government has approved a project that will require banks have a capital adequacy ratio of at least 10-11 percent by 2023 and 11-12 percent by 2025.
June 22, 2022China's large state-owned asset management companies are asked to play a greater role in reducing the risks from non-performing assets at small and medium-sized banks.
June 13, 2022Five state banks are asked to grant defer repayments and grant new loans to debtors who are already past due on old debt.
April 21, 2022Banks will have to hold 'bad debt' level provisions against funds allocated for certain business expenditures if they sit on the balance sheet as 'other assets' for over a year.
April 20, 2022A survey by the Korea Federation of SMEs found the support measures have helped about 80 percent of SMEs to sustain their business activities.
March 29, 2022FSS governor Jeong Eun-bo has warned insurers of a possible "perfect storm" building for the industry, citing rising interest rates and the war in Ukraine.
March 28, 2022The FSS said economic uncertainties both domestic and abroad have increased, making it unclear whether banks have sufficient loss absorbing capacity.
March 10, 2022Banks are concerned that higher provisions for loan losses will hamper their growth momentum and end up reducing shareholder dividends.
February 9, 2022As relief measures end this month, Cambodian lenders will have to set aside appropriate provisions for nonperforming loans.
February 8, 2022JV AMCs can provide banks more flexibility to manage bad debts, while also providing relief to borrowers who are unable to service their debt or face a collateral liquidation threat.
February 3, 2022