The new measures will include another RRR cut, $141bn in re-lending and re-discounting quotas, and new bond issuances to exclusively support SME loans.
April 2, 2020Small- and mid-sized banks are likely to struggle more as they have less capital in reserve and fewer state borrowers they can call on.
March 31, 2020Banks have also been told not to use debt collectors during the Covid-19 pandemic, and to instead help customers by restructuring existing debt and granting new subsidised loans.
March 23, 2020The PBOC has lowered the interest rate on its medium-term lending facility, injected 100bn yuan in liquidity via reverse repos, and ordered banks to disinfect yuan bills.
February 18, 2020The CSRC has reportedly issued a verbal directive preventing brokers from selling borrowed shares, among other formal measures.
February 3, 2020Firms in Asia need to start preparing for the impacts SFTR will have on the way they manage their information flow when working with European counterparties, says DTCC's Oliver Williams.
February 14, 2019