All posts tagged "Loans"
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399Asia-PacificHuman Rights Abuses Prompt Review of Cambodian Microloans
Ombudsman agrees to review complaint from Cambodian NGOs alleging IFC funding contributed to human rights abuses in microfinance lending.
May 8, 2022 -
531ChinaPBOC, CBIRC Pledge to Support Growth of Real Estate, Tech Sectors
The pledge signals an easing of the year-long crackdown in the tech sector, and a move away from restrictive lending to the property sector.
May 6, 2022 -
430Capital / LiquidityHong Kong Banks Barred from Suing Defaulting Landlords
For 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, 2022 -
258ChinaPBOC Announces Launch of Two New Re-lending Facilities
The PBOC will provide banks low cost funds which they can use to support innovative technology companies and institutions providing elderly care services.
May 2, 2022 -
380ChinaCBIRC Works to Resolve Unpaid Balances from P2P Crackdown
The CBIRC said it will continue to pursue now-closed P2P lending platforms as well as their owners and executives through the court system for losses suffered by investors.
April 30, 2022 -
427Asia-PacificBangladesh Banks Warned Against Overly Generous Interest Waivers
The central bank says some banks are waiving interest on loans too generously, a practice which could lead clients to lose interest in timely repayment.
April 29, 2022 -
490SingaporeTrust in Singapore Banking Industry is Increasing: ABS
ABS highlighted banks' efforts to improve complaints handling, tackle digital scams, and enhance accountability, conduct and culture.
April 26, 2022 -
440Capital / LiquidityRBI Issues Guidance on New Regulatory Framework for NBFCs
The new guidelines cover capital requirements, large exposure limits, lending caps, and disclosures requirements for large NBFCs.
April 23, 2022 -
494EnforcementSingapore Court Jails Company Director for Cheating Three Banks
The man used fake invoices in business loan applications to cheat OCBC, Maybank and UOB out of about SGD 2.6 million.
April 22, 2022 -
555Asia-PacificVietnam Banks Heed SBV Directive, Limit Real Estate Loans
The SBV had asked banks to direct credit away from risky areas such as real estate and towards productive industries.
April 22, 2022
