The FSC chairman has clarified that the plan is not intended to help those who have lost money on stock and crypto investments funded by cheap loans.
July 24, 2022For 3 months, lenders may not take action against landlords who default on secured loans as a result of a rental enforcement moratorium being imposed in Hong Kong.
May 5, 2022The average NPL ratio at Thai banks will likely rise to 6% next year, the highest level since the 2009 GFC, S&P Global Ratings says.
September 23, 2021IFRS 9 should be applied flexibly rather than mechanistically when estimating ECL, and payment moratorium periods can be excluded from the counting of days past due.
April 6, 2020China's relaxed bad loan recognition standards to help businesses through the Covid-19 outbreak may have long-term repercussions for the creditworthiness of some institutions.
February 24, 2020