The move is aimed at preventing the P2P lenders from being used for money laundering and terrorism financing, said OJK Deputy Director Munawar.
February 24, 2021Panellists at a recent Regulation Asia webinar highlighted the importance of sound collateral management and data practices to manage loan loss uncertainty in the year ahead.
December 8, 2020Banks should maintain prudent credit underwriting standards and continue to actively manage foreign currency risks, MAS says in its financial stability review.
December 3, 2020Lenders are directed to sustain debtors through lower interest rates and fees, expanded credit limits, delayed property seizures, and other debt relief and restructuring measures.
June 23, 2020Outdated systems are preventing one in four Asia Pacific banks from investing in disruptive technologies, says Greg Watson, citing a recent Fenergo survey.
September 13, 2019Perpetual bonds can be swapped for central bank bills and serve as eligible collateral for PBOC lending. Bank of China issuance was more than 2x oversubscribed.
January 28, 2019Moody’s reported that DBS, OCBC and UOB have seen improved profitability and stable asset quality going into the second half of the year.
August 9, 2018China’s central bank says reports will guide regulatory approach, but disagrees with bank capital and non-performing loan assessments.
December 11, 2017People’s Happiness Fund will purchase more than half the debt, remainder will be written off using private sector funds.
November 30, 2017Bankruptcy will be a last resort; Vietnamese banking sector has bad debts of 8.6% of total credit, 17.2% NPL ratio; Moody's outlook 'positive'
November 27, 2017