All posts tagged "microfinance"
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129KoreaKorea to Introduce 40-Year Mortgages from 1 July
Young adults and newly married couples will be eligible to apply for 40-year home mortgage loans under a government-sponsored programme.
June 24, 2021 -
119KoreaKorea to Require Lenders to Pay Into Microfinance Support Fund
Proposed revisions set the common contribution rate at 0.03 percent of the balance of household loans for each financial institution.
June 11, 2021 -
191ChinaCBIRC Fines Four Banks for Property Lending Breaches
Postal Savings Bank of China, China Merchants Bank, China Guangfa Bank and Shanghai Pudong Development Bank were fined a combined CNY 5.3 million.
June 10, 2021 -
161ChinaShenzhen, Guangzhou Order Microfinance Firms to Halt Property Lending
Financial authorities in Guangzhou and Shenzhen have ordered microfinance companies to stop providing credit for estate assets and investments.
June 5, 2021 -
138Asia-PacificCambodia: NBC Extends Debt Relief Measures to Year-End
The NBC has committed to maintaining the RRR at 7 percent "until further notice" and removed a three-time limit on debt restructuring.
June 2, 2021 -
206KoreaS. Korea to Expand Microfinance Support Fund
Legislative revisions will expand the pool of microfinance funds available by requiring banks and other FIs to make mandatory contributions.
May 27, 2021 -
295Capital RegulationRBI Announces Support Measures for Second Covid Wave
The measures include liquidity for bank lending to businesses, continued regulatory exemptions, and an additional round of restructuring and moratoria flexibility.
May 6, 2021 -
270Capital Regulation
FSC Korea to Promote Lending to Low Credit Score Borrowers
Banks will be advised to boost mid-range interest rate lending to borrowers with low to moderate credit scores, among other measures.
April 28, 2021 -
739AML / KYCPBOC Finalises New AML Regulations for Financial Institutions
The new regulations take effect from 1 August 2021 and are applicable to non-bank financial institutions, overseas bank branches and holding subsidiaries.
April 20, 2021 -
215Asia-PacificCambodian Lenders Grant Reprieve from Debt Repayment
Six measures have been announced, including lower interest rates, credit restructuring benefits and relief for Covid-19 patients.
April 15, 2021
