Rumours have emerged that banks are demanding early repayments from borrowers whose collateral values have fallen. The HKMA says this is not the case.
December 21, 2023The new norms would have led to a spike in non-performing assets for NBFCs and, hence, higher provisioning.
February 23, 2022The BOT’s issuance of floating rate notes referencing THOR has drawn interest from investors and helped to lower spreads in the OIS market.
September 1, 2021The extension is being provided to ensure customers are "not put to undue inconvenience during the implementation process".
August 9, 2021Postal Savings Bank of China, China Merchants Bank, China Guangfa Bank and Shanghai Pudong Development Bank were fined a combined CNY 5.3 million.
June 10, 2021Financial authorities in Guangzhou and Shenzhen have ordered microfinance companies to stop providing credit for estate assets and investments.
June 5, 2021The CBIRC has asked China's five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.
April 30, 2021Due to a systems error, CBA charged more than 1,510 customers a higher interest rate than they were advised, amounting to A$2.2 million in overcharged interest.
February 17, 2021But challenges remain, including limited liquidity in ARR markets, uncertainties on term rates and credit spread adjustments, and operational issues.
September 29, 2020Citibank did not comply with obligations to obtain declarations from customers about the credit facilities they have with other banks before granting them non-fund based facilities.
June 1, 2020