All posts tagged "Loans"
-
690Australia & NZAPRA Outlines Expectations on Deferred Loan Management
Deputy Chair John Lonsdale expects many banks will require an uplift in capabilities, processes and oversight to meet APRA's expectations.
July 10, 2020 -
526Australia & NZ
APRA Extends Regulatory Approach For Covid-19 Loan Deferrals
APRA will also allow banks to treat loans restructured by 31 March 2021 as 'performing' for capital and regulatory reporting purposes.
July 8, 2020 -
169KoreaRecord Korea Budget to Support Corporate Bond-buying
The supplementary budget will cover a 1tr won capital injection for an SPV that will purchase low-rated corporate bonds and commercial paper.
July 8, 2020 -
355Asia-PacificSri Lanka: CBSL to Absorb Credit Risk on Business Loans
The CBSL will provide credit guarantees ranging from 80% for smaller loans to 50% for larger loans issued to businesses affected by Covid-19.
July 2, 2020 -
1.5KAML / KYCHong Kong Autonomy Act Advances in US Congress
Once signed into law, the Act will authorise the use of sanctions against individuals, entities and financial institutions in response to China's new national security law for Hong Kong.
June 26, 2020 -
486Capital RegulationChinese Officials Ask Banks to ‘Bear the Costs’ of Rising Bad Debt
Chinese banks are asked to sacrifice 1.5tr yuan in 2020 profits to support businesses through lower lending rates and fees, loan repayment deferrals, and bad debt write-offs.
June 22, 2020 -
788Capital RegulationRBI Unveils Regulatory Framework for Housing Finance Companies
The new framework introduces enhanced capital and liquidity requirements for HFCs, and restrictions on intra-group exposures, among other changes.
June 20, 2020 -
321Asia-PacificBangladesh Defers End Date of Covid-19 Loan Classification Rules
Banks should not change the classification of loans between 1 January and 30 September this year, even if borrowers fail to meet their scheduled repayment obligations.
June 19, 2020 -
515Asia-Pacific
Sri Lanka Cuts Statutory Reserve Ratio, Expands Lending Facility
The CBSL has cut the statutory reserve ratio by 200 basis points, releasing $617mn in liquidity in the banking system. The size of its re-finance facility has also been tripled.
June 17, 2020 -
948Fintech / RegtechFSC Korea to Enhance Regulatory Framework for Crowdfunding
SMEs will be allowed to raise funds through crowdfunding platforms, and the capital raising limit will be raised, among other enhancements to the existing framework.
June 17, 2020
