All posts tagged "Banks"
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327Capital RegulationPBOC Cuts Reserve Requirements for Small, Mid-sized Lenders
The move will free up a total 400 billion yuan at small and medium-sized lenders, allowing them to provide additional financing to SMEs.
April 5, 2020 -
550Asia-PacificPhilippines Mandates 30-Day Grace on Loans During Covid-19 Lockdown
All lenders are barred from charging interest, penalties, fees, or other charges on all loans to individuals, households, MSMEs and corporate borrowers during Luzon's enhanced community quarantine.
April 2, 2020 -
287Asia-PacificSri Lanka Central Bank Introduces Measures to Support Financial Sector
Banks can draw down on capital conservation buffers, defer capital requirements, and avoid classifying borrowers as non-performing.
April 2, 2020 -
380Australia & NZRBNZ Launches New Liquidity Facility for Banks
The facility allows banks to swap corporate paper and other asset-backed securities for cash. Banks are offering six-month deferrals on residential mortgage repayments.
March 31, 2020 -
409Asia-PacificBOT Establishes Liquidity Facility for Money Market, Fixed Income Funds
Money market and daily fixed income funds can obtain low-cost liquidity assistance from banks, which can in turn use fund units they buy under repurchase agreements as collateral for BOT liquidity.
March 25, 2020 -
244Asia-PacificBangladesh Defers All ‘Defaulter’ Classifications Until 30 June
Banks can avoid reclassifying borrowers as defaulters until 30 June, allowing them to avoid extra provisioning and offer businesses new loans.
March 25, 2020 -
396Capital RegulationBNM Orders Automatic Moratorium on Loan Repayments
Credit card balances should be converted to term loans. Banks will have to maintain a minimum NSFR of 80% instead of 100% from 1 July.
March 25, 2020 -
372Capital RegulationS. Korea Announces Emergency Financial Aid Package
The 100-trillion-won package includes funding for businesses, two market stabilisation funds, support for new bond issuance and liquidity support for brokerage firms.
March 24, 2020 -
316EuropeESMA Defers SFTR Start Date for Phase One Reporting Entities
ESMA now expects trade repositories, credit institutions, investment firms to be ready for SFTR reporting from 13 July, alongside CSDs and CCPs.
March 19, 2020 -
340Asia-PacificMyanmar to Open Stock Market to Foreign Investors from 20 March
Both resident and non-resident foreign investors, including overseas brokers and banks, will be allowed to open securities accounts with local brokers to trade on the Yangon Stock Exchange.
March 9, 2020
