All posts tagged "interest rate"
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196Asia-PacificBOT Cuts Benchmark Interest Rate to Record Low 0.5%
Thailand's National Economic and Social Development Council expects economic performance this year to be the worst since the Asian financial crisis.
May 22, 2020 -
357Asia-PacificBangladesh Opens Special One-Year Repo Facility for Banks
The new facility will allow lenders to access central bank liquidity for up to 360 days, compared to a maximum 28-day term allowed under existing facilities.
May 19, 2020 -
352EnforcementTaiwan FSC Warns Lenders Not to Overcharge for Covid-19 Loans
The FSC will investigate banks that charge unreasonably high handling fees to circumvent the interest rate cap on relief loans.
May 6, 2020 -
374Hong KongHong Kong Set to Commence Fixed-rate Mortgage Pilot
Under the six-month pilot scheme, participating banks will offer fixed-rate mortgage loans, capped at HK$10mn per loan transaction, and subject to a total aggregate cap of HK$1bn.
May 6, 2020 -
443Capital RegulationBNM: Banks Can Use Govt Bonds to Meet Reserve Requirement
The move is expected to release about $3.7mn of liquidity into the banking system. BNM has also cut its overnight policy rate to the lowest level since 2009.
May 5, 2020 -
514Capital RegulationBOJ Flags Financial Stability Risks from High Credit Costs, Investment Losses
The BOJ has identified three main risks to the stability of the Japanese financial system - rising credit costs, investment losses and foreign currency funding risks.
April 22, 2020 -
289Asia-PacificUPDATED – MSME Loans Can Be Counted Towards Reserve Requirements: BSP
Loans granted to MSMEs can be counted as part of banks’ compliance with reserve requirements. Detailed guidelines will be issued in due course.
April 20, 2020 -
552Asia-PacificBank Indonesia Cuts RRR, Prepares to Buy Govt Bonds
The measures include a 200bp RRR cut for banks and a 50bp cut for Islamic banks. The central bank may also start buying government bonds in the primary market in two weeks.
April 18, 2020 -
456Capital 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 -
472Capital RegulationBNM Offers Regulatory Relaxations to Support Lending Activities
Besides an NSFR relaxation, banks can drawdown on the capital conservation buffer, operate below 100% LCR, and utilise regulatory reserves they have set aside.
March 26, 2020
