Chinese banks securitised a record amount of bad loans in 2023 amid a property slump and economic slowdown.
January 19, 2024Banks are asked to strengthen loss absorption capacity, FX liquidity management, credit risk monitoring and bad debt provisioning.
May 12, 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 law is needed to replace 'Resolution 42', which enabled the transparent sale of bad debts and collateral, but is due to expire next year.
October 12, 2021The SBV is allowing lenders to extend the repayment term for customers by six months more months and granting more time for overdue debts to be restructured.
September 16, 2021The platform will be set up and operated by Vietnam Asset Management Company, the government’s debt management arm.
July 8, 2021Australian banks are well-capitalised and have the ability to pay dividends, says RBA governor Philip Lowe. ANZ, Westpac and NAB are reportedly engaging with APRA on the issue.
April 23, 2020The key policy tasks for the year include reducing banking sector NPLs to below 2% and promoting the use of non-cash payments.
January 10, 2020S&P Global Ratings cites economic activity, fiscal policy, low credit risks, stringent regulation and favourable operating environment for well-capitalised banks.
June 15, 2018