Banks are asked to choose which banks they would prefer to merge with and make preparations accordingly.
March 13, 2024Exemptions from rules issued in December are being sought by lenders and funds for AIFs that are set up specifically to invest in distressed assets.
January 23, 2024Chinese banks securitised a record amount of bad loans in 2023 amid a property slump and economic slowdown.
January 19, 2024Regulators are reportedly considering allowing banks to issue unsecured working capital loans to some developers for the first time.
November 24, 2023The ECB says it would welcome more exits from Russia by eurozone banks, and that higher borrowing costs could lead to a build-up of bad loans.
February 14, 2023The study will assess the capital impacts of losses on foreign currency-denominated financial assets and bad debt.
October 21, 2022Beyond the more than 50 percent increase in bad property loans year-on-year, the banks are also seeing weaker loan demand from corporate and retail clients.
September 12, 2022Authorities will initially consider selecting six provinces to pilot an initiative to speed up the disposal of bad loans from small- and medium-sized banks.
August 18, 2022Greenland Holdings has secured CNY 3 billion in loans. Yanggo Group will receive help from China Huarong Asset Management to restructure its debt.
August 12, 2022Businesses can make a smaller down payment to reschedule their loans. Rescheduling will allowed up to four times, compared to three times previously.
July 29, 2022