Banks must classify "all financial assets that bear credit risk" according to the degree of risk, including bond investments, interbank assets, receivables, and off-balance-sheet assets.
February 13, 2023Businesses still face significant operational challenges due to a complex and uncertain external environment and economic outlook, the HKMA said.
October 21, 2022Businesses can make a smaller down payment to reschedule their loans. Rescheduling will allowed up to four times, compared to three times previously.
July 29, 2022A trained model was able to consistently detect corporate credit deterioration at both the transaction level and aggregate level with a three-month lead time.
July 5, 2022State Council-approved measures call on state-owned banks to increase lending and repayment flexibilities for MSMEs.
May 16, 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 BOT has relaxed its rules on loan classification and provisioning to enable specialised financial institutions to provide greater long-term support to debtors.
January 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, 2021Borrowers will not be considered in default if they repay 25 percent of their loan instalments until December this year.
September 2, 2021The new reporting policy will enable the central bank to monitor NBFI lending more closely and ensure provisions are being adequately maintained.
August 5, 2021