All posts tagged "SMEs"
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582Big Picture‘Substantial Changes” Needed to Fully Reap Benefits of DeFi: BIS
A new BIS bulletin highlights a growing trend in DeFi to rely on forms of centralisation, and a need for it to ultimately fall within the regulatory umbrella.
June 20, 2022 -
272ChinaChina Banks Urge Regulators to Relax Document Stamping Rules
Banks are being forced to halt loan and foreign exchange services for some businesses due to document stamping requirements.
June 8, 2022 -
297ChinaCBIRC Directs FIs to Offer Additional Relief to Covid-Hit Sectors
The CBIRC is asking banks and insurers to improve the financial services they provide to enterprises in industries affected by Covid-19.
June 7, 2022 -
417FeatureAnt Group Launches Digital Bank Operations in Singapore
ANEXT Bank, wholly owned by Ant Group, will aim to provide digital financial services to MSMEs, particularly those with cross-border operations.
June 7, 2022 -
589China
CBIRC Gives FIs One Year to Establish Green Finance Systems
Banks and insurers are instructed to have their green finance management systems and procedures in place by 1 June 2023.
June 6, 2022 -
448ChinaCSRC Unveils Capital Market Measures to Accelerate Recovery
The measures include support for IPO applicants, listing fee waivers, and regulatory support for securities firms.
May 24, 2022 -
289ChinaChina to Centralise Efforts to Resolve Overdue Payments to SMEs
The 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, 2022 -
356ChinaPBOC Directs FIs to Bolster Support for Shanghai Borrowers
The PBOC's Yu Wenjian said increasing lending is a key area where FIs can help Covid-hit firms to restart work and production.
May 13, 2022 -
509Big Picture
QR Code Payments Promote Credit Access for SMEs: BIS
QR payments allow the creation of a digital payment footprint that enables small firms to access credit from both big tech firms as well as banks.
May 10, 2022 -
454ChinaChina Announces Planned Measures to Boost Capital Market
The CSRC and stock exchanges will support fundraising by SMEs and real estate firms, and encourage listed companies, their shareholders, and institutional investors to buy more stock.
May 9, 2022
