The tripling of the limit was proposed to the Cabinet following complaints from various parties that they had not received relief from their banks.
June 8, 2020Data has never been more essential to making informed decisions, particularly in private markets where internal data at financial institutions is typically thin.
June 3, 2020The move is aimed at freeing up liquidity at smaller banks in the hope of spurring an additional 1tr yuan in lending to small and micro enterprises.
June 3, 2020The 30tr yen facility will provide lending to businesses with interest-free funding, while paying a positive 0.1% interest on the amounts they lend to businesses.
May 24, 2020Bangladesh Bank has signed participation agreements with 44 banks and 23 NBFIs to disburse $1.8bn in loans as part of the government's stimulus package.
May 22, 2020Some investors in HSBC alleged the bank failed to safeguard their interests. Others questioned whether the bank's discussions with the Bank of England were disclosed in a timely manner.
May 15, 2020The PBOC will pilot cross-border PE and VC investments and explore the establishment of a futures exchange in Guangzhou and an international commercial bank to serve Greater Bay Area.
May 15, 2020The relaxation of loan classification norms and the lowering of credit risk weights on MSME loans will apply until end-December 2021.
April 30, 2020Regulatory burden on banks and technological improvements are likely the two most important factors behind shadow bank growth, a new paper says.
April 30, 2020Small and micro enterprises which cannot provide collateral or guarantees for loans can instead share their tax payment information with commercial banks to obtain funding.
April 26, 2020