Lenders 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, 2017CBRC says failure of regulators to identify risks amounts to ‘dereliction of duty’; urges lenders to sort out non-performing loans.
October 11, 2017IMF praises measures such as inclusion of WMPs in bank assessments but cites concerns about growth in debt and banking sector assets.
August 17, 2017The Chinese government made systemic risk in the country’s financial sector its main priority during its mid-year work conference.
August 1, 2017