While small banks face acute funding needs, larger banks and G-SIBs will similarly have to bolster capital to address rising NPLs and incoming regulatory requirements.
January 27, 2021Banks have reportedly been asked to prepare for a trial programme that will see China’s bad debt managers buy up soured personal loans.
January 14, 2021The CBIRC says rural banks should boost capital, merge with other institutions, or introduce strategic investors to mitigate financial risks.
January 11, 2021State-owned banks based on their contributions to the economy, high quality development, risk management, and operational efficiency.
January 7, 2021China Galaxy Asset Management will receive its licence within ten days, and proceed with the necessary procedures to open for business in early 2021.
December 21, 2020NPL securitisation exposures will be subject to 100% risk weight or higher, except for those risk-weighted using the external ratings-based approach.
November 26, 2020Under a new notice, consumer finance companies and vehicle finance companies can apply to the CBIRC to reduce their required provisions coverage ratio.
November 19, 2020Sun Tianqi, appointed as head of the PBOC's Financial Stability Bureau in May, urged commercial lenders to increase loan loss provisions and dispose of more NPLs.
November 18, 2020The bill was fast-tracked amid fears that loan defaults could burden lenders and hamper their ability to provide credit to businesses and consumers.
November 16, 2020Collateral is one of the more underutilised credit risk mitigation tools available to banks, and likely to become more important as loan losses mount in the year ahead.
November 12, 2020