All posts tagged "loan restructuring"
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240Asia-PacificOJK Indonesia Extends Debt Restructuring Relief for One Year
Banks are still required to ensure adequate risk management procedures are in place and that only debtors who are eligible are given the option to restructure their debt.
September 8, 2021 -
147Australia & NZAPRA Releases Response Letter on Treatment of Covid Loans
APRA is extending the time period for temporary adjustments to APS 220 so that loans granted repayment deferrals from 8 July until 30 September are covered.
August 27, 2021 -
205Australia & NZ
APRA to Formalise Regulatory Support for Covid Loans
APRA intends to formalise regulatory support measures for banks offering Covid-19 loans through a temporary amendment to APS 220.
August 2, 2021 -
139FeatureMAS Announces ‘Final’ Extension of Credit Relief Measures
MAS says this is likely the final extension and that loan repayments must start normalising to minimise debt accumulation.
June 25, 2021 -
216Asia-PacificBank of Thailand Unveils Third Phase of Debt Relief
The third phase of debt relief measures covers unsecured credit card and personal loans, auto hire-purchase loans, car title loans and mortgages.
May 19, 2021 -
752Asia-PacificBank Indonesia Cuts Rates Again, OJK Demands Leniency for Borrowers
Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.
March 23, 2020 -
1.5KAustralia & NZAustralian Banks Offer Emergency Relief to Bushfire Victims
The services being offered by ABA member banks to help customers include fee waivers, loan repayment deferrals, and additional financing to help cover cash flow shortages.
January 6, 2020
