The new platform will enable SMEs to get cheaper bank loans, and enable banks to access the information they need to assess creditworthiness.
October 25, 2022The CBIRC is seen to be enforcing strict penalties in order to strengthen market discipline and improve internal control and governance at banks.
June 22, 2022The new provisioning rules are part of a new regulatory framework for NBFCs that takes effect on 1 October.
June 10, 2022Banks are being forced to halt loan and foreign exchange services for some businesses due to document stamping requirements.
June 8, 2022The CBIRC is asking banks and insurers to improve the financial services they provide to enterprises in industries affected by Covid-19.
June 7, 2022Banks are directed to expand lending to SMEs amid concerns that China could struggle to record positive growth in the current quarter.
May 27, 2022The campaign aims to resolve arrear payments due to SMEs for projects, goods and services purchased by government agencies, state-owned institutions and large enterprises.
May 23, 2022A survey by the Korea Federation of SMEs found the support measures have helped about 80 percent of SMEs to sustain their business activities.
March 29, 2022Finance Secretary Paul Chan announced measures to further reform Hong Kong's listing rules, promote the bond market, and introduce yuan share trading in the city.
February 24, 2022Internet-only banks will be allowed to use a lower weight for existing household loans when calculating calculating loan-to-deposit ratios.
January 31, 2022