All posts tagged "RRR"
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184Asia-PacificBSP Proposes Prudential Requirements for Digital Banks
The BSP proposes a 3 percent RRR for digital banks, aligning them with thrift lenders. A 7th licence will not be issued at the stage as previously planned.
October 11, 2021 -
123Capital RegulationPBOC Cuts Reserve Requirement to Boost Bank Lending Capacity
Market participants say that the earlier-than-expected RRR cut reflects policymakers' concerns that banks may be under stress and facing higher NPLs.
July 13, 2021 -
140Asia-PacificCambodia: NBC Extends Debt Relief Measures to Year-End
The NBC has committed to maintaining the RRR at 7 percent "until further notice" and removed a three-time limit on debt restructuring.
June 2, 2021 -
192Capital Regulation
PBOC Tightens FX Market Liquidity to Curb Speculation
The PBOC has raised the RRR for foreign currency deposits for the first time in 14 years and asked enterprise and FIs not to engage in FX speculation.
June 1, 2021 -
785Capital RegulationChinese Officials Ask Banks to ‘Bear the Costs’ of Rising Bad Debt
Chinese banks are asked to sacrifice 1.5tr yuan in 2020 profits to support businesses through lower lending rates and fees, loan repayment deferrals, and bad debt write-offs.
June 22, 2020 -
648Capital Regulation
PBOC Governor Pledges Additional Measures to Support SMEs, Banks
The PBOC plans to further extend SME loan repayment deferrals to 31 March 2021, further drive down real interest rates, and bolster support for banks.
May 27, 2020 -
585China
PBOC Cuts Bank Lending Rates to Offset Covid-19 Pressures
Policymakers said on Friday that monetary policies should make full use of RRR cuts, interest rate reductions and relending, indicating a shifting stance after GDP shrank 6.8% in Q1.
April 21, 2020 -
836Asia-PacificBank Indonesia Cuts RRR, Prepares to Buy Govt Bonds
The measures include a 200bp RRR cut for banks and a 50bp cut for Islamic banks. The central bank may also start buying government bonds in the primary market in two weeks.
April 18, 2020 -
662Asia-PacificBSP Offers Banks Mark-to-Market Relief, Cuts Liquidity Requirements
The accounting relief allows banks to effectively reverse unrealised losses resulting from a change in fair value. The MLR cut frees up almost $200mn for smaller lenders.
April 9, 2020 -
605Capital Regulation
PBOC Cuts Reserve Requirements for Small, Mid-sized Lenders
The move will free up a total 400 billion yuan at small and medium-sized lenders, allowing them to provide additional financing to SMEs.
April 5, 2020
