Central bank deposits will be excluded from total exposure when calculating the leverage ratio until the end of March 2024.
January 10, 2022CNY 85.5 billion was distributed under a lending facility that allows banks to apply for cheap funding to lend out to businesses for emission reduction projects.
January 4, 2022The CBIRC says it actively supports direct and indirect financing of tech enterprises, on the premise of "controllable risks and compliance with laws and regulations".
December 22, 2021Banks are "strongly encouraged" to enhance their green and sustainability programmes to encompass climate risk management and the sound practices.
December 9, 2021Restrictions on fund movements and parking of funds in offshore banking unit accounts will be eased, the FSC said.
December 8, 2021The findings reinforce the need for banks to continue to build capital and replace Tier 2 instruments that will cease to be compliant under the new rules on bank capital.
December 8, 2021The FSC will adjust the evaluation criteria it uses to assess banks' tech financing performance to promote more lending to innovative SMEs.
December 1, 2021Consumers must give consent for their credit data to be shared with the PBOC to use Ant Group's lending services.
November 30, 2021ASIC says ANZ breached credit laws by accepting customer information and documents from unlicensed individuals, some of which was fraudulent.
November 27, 2021The panel suggests the establishment of a self-regulatory organisation which would be charged with formulating a code of conduct for digital lenders.
November 23, 2021