All posts tagged "Loans"
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89FeatureMAS Launches FinTech Hackcelerator Focused on Green Finance
Fintech firms and solution providers are invited to submit innovative solutions to address any of 52 problem statements related to green finance.
May 7, 2021 -
53Asia-PacificBSP Extends Regulatory Relief for Banks Pending ‘FIST’ Rescue
The BSP has extended the higher single borrower limit and relief on loan classification, pending full operationalisation of the FIST Act.
May 6, 2021 -
110EnforcementSingapore Court Jails Former CFO for Loan Fraud
The former CFO of Coastal Oil Singapore conspired with three colleagues to deceive 8 banks into disbursing over $300mn in loans.
May 5, 2021 -
153FeatureHKMA Issues Guideline on Green & Sustainable Finance Grant Scheme
The grant amount for each bond issue will be half of the eligible expenses, capped at HK$2.5mn for rated bonds and HK$1.25mn for unrated bonds.
May 5, 2021 -
179ChinaChina Regulators Order Tech Firms to Rectify Violations
Thirteen tech firms including Tencent, ByteDance and Baidu’s fintech arm are directed to correct regulatory violations in their financial services businesses.
May 2, 2021 -
57ChinaCBIRC Orders Big Banks to Increase SME Loans by 30pc
The CBIRC has asked China's five largest banks to increase their inclusive loans to SMEs by over 30 percent for the year.
April 30, 2021 -
159JapanJapan FSA to Issue Climate Risk Guidelines for Banks
Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.
April 29, 2021 -
137Capital RegulationHong Kong Launches 100% Personal Loan Guarantee Scheme
The scheme provides a supplementary financing option for individuals suffering income loss resulting from the Covid-19 pandemic.
April 28, 2021 -
94Capital RegulationFSC Korea to Promote Lending to Low Credit Score Borrowers
Banks will be advised to boost mid-range interest rate lending to borrowers with low to moderate credit scores, among other measures.
April 28, 2021 -
48KoreaS. Korea to Improve Debtor Access to Legal Representation
The FSC will increase support and accessibility to free legal representation for debtors, as well as strengthen coordination with investigative authorities.
April 24, 2021
