All posts tagged "Lending"
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744Capital / LiquidityChina: Regulatory Pressure Prompts Lending Rate Price War
ICBC was reportedly the first bank to lower its lending rate on small business loans, offering a rate of 4.5% in Q4 2018, compared to the PBOC's one-year benchmark lending rate of 4.35%.
May 20, 2019 -
1.3KFintech / RegtechS. Korea Accepts Eight More Fintech Sandbox Participants
The FSC has approved eight more fintech services for the regulatory sandbox, bringing the total number of approved companies to 26.
May 16, 2019 -
1.1KAML / KYCCambodia to Launch Commercial Credit Reporting Service
The new commercial credit reporting system, set for launch by end-May, will improve the lending process for more than 50 financial institutions in Cambodia.
May 13, 2019 -
741China
China National Credit System to Include Foreign Data
Foreign workers in China will be required to submit their personal credit information, including from activities in other countries, to the national credit system in order to obtain loans.
April 29, 2019 -
784Capital / LiquidityBOK, FSS Launch Joint Audit into Major Banks’ Lending Practices
The focus of the joint audit will be on the small business lending practices at Shinhan Bank, KB Kookmin Bank, Woori Bank and KEB Hana Bank.
April 17, 2019 -
1.5KAustralia & NZAPRA Proposes Stricter Credit Risk Management Standards
The revised prudential standard enhances board oversight of credit risk and requires more intensive credit checks on borrowers. APRA also highlights the risks of P2P originated loans.
March 26, 2019 -
919Capital / LiquidityRBI Asks Banks to Boost Monitoring of End Use of Loan Funds
Following a string of penalties against banks last month, the RBI has asked banks to improve their monitoring of the origin and end use of loan funds.
March 20, 2019 -
712Capital / LiquidityChina Banks Allowed Higher Bad Debt Ratios for ‘Inclusive’ Loans
Regulators will tolerate higher NPL ratios on bank lending to small and micro companies, in a bid to improve access to financing for China's ‘real economy’.
March 18, 2019 -
890Asia-PacificRecord Number of Bangladesh Banks Face Provisioning Shortfall
As a result of non-performing loans in the banking sector and excessive lending in violation of banking regulations, 15 banks in Bangladesh are facing provisioning shortfalls.
March 4, 2019 -
820Capital / Liquidity
CBIRC Pressures Banks to Boost Lending to Private Firms
State-owned lenders are instructed to increase loans to private firms by 30% this year, end discriminatory lending practices, and reduce their reliance on loan collateral.
February 28, 2019
