All posts tagged "SMEs"
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346FeatureHKMA Defers Trade Facility Repayments by a Further 90 Days
Banks have agreed to allow corporate customers who still face cash-flow pressures to further extend their trade facilities for a further 90 days, on top of the 90 days granted from May.
August 5, 2020 -
1.0KFintech / RegtechDBS, Tax Department Collaborate to Digitalise Payments
IRAS now offers PayNow QR as a payment option for individual income tax, corporate income tax, property tax and goods and services tax.
August 4, 2020 -
1.1KFintech / RegtechHKMA, BIS Innovation Lab Seek Solutions in Trade Finance
Private firms are invited to submit innovative solutions that can help enhance trade finance mechanisms, connectivity and infrastructure.
August 4, 2020 -
412FeatureBNM: Banks Agree on Flexible Approach to Loan Repayments
As the blanket loan moratorium announced in March is due to end, banks have agreed to provide borrowers various repayment flexibilities depending on their specific circumstances.
July 30, 2020 -
437Asia-PacificBangladesh Bank Spares No Effort to Boost CMSME Lending
In the past week, the central bank has sharply eased loan classification and provisioning rules, and offered credit guarantees, to try and address an unwillingness among banks to lend to small businesses.
July 28, 2020 -
570Asia-PacificBSEC Needs to Step Up Its Game, say Market Participants
BSEC is working to speed up the IPO process and barriers to listing, amid calls for more diversified products and better transparency and governance in the capital market.
July 26, 2020 -
544Australia & NZAustralia Extends Coronavirus SME Guarantee Scheme
With the extension, the government is expanding the allowed purpose of the loans, increasing the maximum loan size and duration, and allowing secured lending and repayment holidays.
July 21, 2020 -
257ChinaCBIRC to Grade Banks on SME Credit Provisioning
The first evaluation of how effectively banks are providing financial services to SMEs will cover 2019, and be completed by 31 October 2020.
July 7, 2020 -
810Capital RegulationS. Korea Advances OTC Derivatives Reforms
Cabinet-approved legislative revisions will introduce an OTC derivatives reporting requirement, a licensing system for trade repositories, and penalties for circumventing margin rules.
July 3, 2020 -
415ChinaPBOC Finalises Rules on ‘Standardised Note’ Issuance
Standardised notes will be considered money market instruments, backed by commercial paper which generates cash flows for distribution to investors.
July 2, 2020
