All posts tagged "Loans"
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281AML / KYCOFSI Fines Standard Chartered $25m for Sanctions Breaches
Standard Chartered made a series of loans to a Turkish private bank, which at the time was almost wholly owned by Sberbank, a sanctioned Russian bank.
April 8, 2020 -
424Capital RegulationSingapore Govt to Increase Risk Share on SME Loans
The government will increase its risk share of loans made under existing loan financing schemes from 80% to 90%, for loans initiated from 8 Apr until 31 Mar 2021.
April 7, 2020 -
314Capital RegulationHKMA Sets Out Treatment of Loans Under 100% Guarantee Scheme
IRB AIs should seek the HKMA's exemption approval to apply the standardised approach for SME loans granted under the 100% Guarantee Scheme.
April 7, 2020 -
138JapanJapan: Corporates to Get Financial Support, Easier Write Down Rules
The FSA will convene a joint council of key industry bodies to agree on easier write-down rules, while the government prepares an aid package for large corporates.
April 6, 2020 -
382Asia-PacificVietnam Banks Offered Incentives to Aid Businesses
About 11% of total outstanding loans in the banking system are estimated to not be paid as scheduled due to the coronavirus pandemic.
April 6, 2020 -
186Capital RegulationBCBS Issues Guidance on Treatment of Loans Under Relief
IFRS 9 should be applied flexibly rather than mechanistically when estimating ECL, and payment moratorium periods can be excluded from the counting of days past due.
April 6, 2020 -
435FeatureJapan Lacks Consensus on LIBOR Replacement – Report
About 57% of Japanese banks say TIBOR should be used, while about 70% of companies prefer to use forward-looking term rates based on TONAR.
April 6, 2020 -
577Asia-PacificOutlook on 14 APAC Banking Systems is Negative: Moody’s
Coronavirus-related disruptions will weaken the operating environment and weigh on asset quality, despite policy measures to help mitigate the effects on banks.
April 3, 2020 -
545Asia-PacificPhilippines Mandates 30-Day Grace on Loans During Covid-19 Lockdown
All lenders are barred from charging interest, penalties, fees, or other charges on all loans to individuals, households, MSMEs and corporate borrowers during Luzon's enhanced community quarantine.
April 2, 2020 -
358Capital RegulationChina: State Council to Bolster Financial Support for SMEs
The new measures will include another RRR cut, $141bn in re-lending and re-discounting quotas, and new bond issuances to exclusively support SME loans.
April 2, 2020
