The IMF's new loan-based trust seeks to help lower middle-income countries deal with external shocks like climate change and pandemics.
April 22, 2022In a survey of APLMA member institutions, more than half of respondents said they would not complete remediation of their legacy book until H1 2023.
April 21, 2022Five state banks are asked to grant defer repayments and grant new loans to debtors who are already past due on old debt.
April 21, 2022Banks are asked to increase lending, delay loan repayments, defer overdue loan reclassification, and support infrastructure projects and property developers.
April 20, 2022The maximum loan amount per borrower under the 100% Personal Loan Guarantee Scheme is increased. The maximum repayment period and principal moratorium arrangement are extended.
April 19, 2022Banks are directed to increase financial support for transportation enterprises, including by offering them new lending, deferring loan repayment, and lowering loan interest and fees.
April 19, 2022Starting 11 May, the Google Play Store will introduce a new screening process for personal loan apps targeting users in the Philippines.
April 15, 2022An optical storage equipment supplier is being investigated for failing to disclose that it granted loans to shareholders and other entities in exchange for pledged assets.
April 13, 2022The CBIRC is encouraging banks and investment firms to explore new models of financing, where they provide both credit and direct investment to innovative firms.
April 12, 2022The CSRC pledged to support companies' capital raising efforts, encourage asset managers to buy up equities, and encourage listed companies to buy back shares and raise dividends.
April 12, 2022