All posts tagged "NPLs"
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294Asia-PacificSri Lanka Central Bank Introduces Measures to Support Financial Sector
Banks can draw down on capital conservation buffers, defer capital requirements, and avoid classifying borrowers as non-performing.
April 2, 2020 -
244ChinaCBIRC Approves First National Bad Debt Manager in 20 Years
Jiantou Citic Asset Management will transition into a financial asset management company, making it the first new national distressed debt manager authorised since 1999.
March 18, 2020 -
423InternationalIMF Offers Guidance on Offsetting Economic Impact of Covid-19
Banks should be encouraged to undertake prudent renegotiation of loan terms for stressed borrowers, but loan classification and provisioning rules should not be eased.
March 18, 2020 -
396Capital RegulationPBOC Controlled SPV to Infuse More Cash Into Bank of Jinzhou
New private placement shares represent a more than 44% expansion of Bank of Jinzhou's share capital, diluting the stakes of existing investors in the bank.
March 13, 2020 -
875Asia-PacificSingapore Banks Among Most Vulnerable to Covid-19 Impacts: Fitch
While Singaporean banks have sufficient loss-absorption buffers to withstand pressure, the impact will depend on the extent and duration of the outbreak.
March 4, 2020 -
486Capital RegulationPBOC Expands Special Re-lending Programme to Help More Businesses
The PBOC has instructed six state-owned banks to provide low-interest loans to a broader pool of companies than originally specified under a special re-lending programme earlier this month.
February 25, 2020 -
392Big PictureChina: Restoring NPL Recognition Standards May Take Years: S&P
China's relaxed bad loan recognition standards to help businesses through the Covid-19 outbreak may have long-term repercussions for the creditworthiness of some institutions.
February 24, 2020 -
480ChinaChina: Fees Hinder Entry of Foreign Distressed Debt Funds – Report
Offshore funds have to rely on accounting and law firms throughout the three- to four-year life cycle of a transaction in China, at cost of up to 15% of the transaction's value.
February 18, 2020 -
367Capital Regulation
CBIRC Asks Banks to Relax Loan Classification Standards
Local banks are asked to be more tolerant of bad loans and to reduce their profit targets, as the novel coronavirus epidemic keeps borrowers from resuming normal business operations.
February 13, 2020 -
246Asia-PacificBOT Launches Phase Three of ‘Debt Clinic’ Scheme
Phase 3 will expand the scope of covered personal debt to include cases involving a single debtor. The Debt Clinic has so far helped over 3,000 borrowers refinance bad debt.
February 5, 2020
