All posts tagged "Loans"
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414Crypto / Digital AssetsNew Korean Government to Ease Real Estate Lending Rules
President-elect Yoon Suk-yeol's government plans to relax LTV ratio restrictions and reduce taxes on owners of multiple homes.
April 12, 2022 -
446AML / KYCMyanmar Orders Conversion of All Foreign Currency to Kyat
The order suggests the military government may be struggling to repay debt and purchase key supplies. Fresh sanctions were also recently announced.
April 7, 2022 -
463Capital / LiquidityKorea to Allow Some Regulatory Relaxations to Expire in Three Months
Banks can continue to total LCR at 85% for three more months, following which the FSC will raise the total LCR requirement back to 100% in steps.
April 4, 2022 -
280Asia-PacificVietnam Considers Allowing Organisation to Lend Overseas
Economic organisations will be allowed to provide offshore loans provided they comply with relevant laws and receive approval from the Prime Minister's office.
April 1, 2022 -
398Hong KongHong Kong Enhances, Extends SME Financing Guarantee Scheme
The maximum loan amount per enterprise under the Special 100% Loan Guarantee will be raised and the maximum repayment period will be extended.
March 31, 2022 -
509AML / KYCUS Lawmakers Probe Credit Suisse Russia Business
The lawmakers are concerned that Credit Suisse may be concealing information about sanctions evasion by Russian oligarchs.
March 30, 2022 -
330KoreaKorea Extends SME Loan Support for Another Six Mouths
A survey by the Korea Federation of SMEs found the support measures have helped about 80 percent of SMEs to sustain their business activities.
March 29, 2022 -
532AML / KYCHK Police Arrest 38 Individuals for Covid Loan Fraud
The individuals set up 53 shell companies and submitted false documents to banks to obtain loans under the government support scheme for Covid hit businesses.
March 23, 2022 -
346IndiaRBI Issues New Guidelines on the Provision of Microfinance Loans
The RBI is lifting the interest rate ceiling on microfinance loans, but says it will continue to check that lenders do not charge "usurious" rates.
March 23, 2022 -
491Australia & NZAustralia Consults on Expansion of CDR to Non-Bank Lending
The designation of non-bank datasets under the CDR will support creditworthiness assessments and compliance with responsible lending obligations.
March 21, 2022
