All posts tagged "working capital loans"
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605ChinaCBIRC Fines Eight Lenders Over Property Loan Violations
China Construction Bank received the biggest penalty of CNY 6.1 million. ICBC and Agricultural Bank of China were fined CNY 1.5 million each.
August 3, 2021 -
2.3KContributed ArticleThe Case for a Central Lending Platform in Singapore
Not enough SMEs are taking advantage of government supported loan programmes, in part due to the onerous processes involved in accessing them, say PwC's Irene Liu and Shierly Mondianti.
August 20, 2020 -
655Asia-PacificBangladesh Bank Eases Rules on Foreign Firms Borrowing Overseas
Under existing rules, foreign companies can only borrow from their parent companies during their first three years of their operation in Bangladesh.
May 15, 2020 -
683ChinaCBIRC Issues Draft Rules on Online Lending by Banks
Per-household credit lines will be capped at 200,000 yuan, and online loans may not be used for housing purchases, mortgage repayment, or investment in financial products.
May 12, 2020 -
667Australia & NZAPRA Announces Reporting Requirement for SME Guarantee Scheme
Lenders approved to participate under the Scheme must complete the new returns on a weekly basis, with the first collection due on 1 May.
April 18, 2020 -
750Asia-Pacific
Bangladesh Announces Measures to Aid Businesses Through Lockdown
Under a $7.9bn stimulus plan, banks will distribute working capital loans with the interest cost to businesses partly subsidised by the government.
April 6, 2020 -
1.4KCapital / LiquidityRBI Announces Broad Measures to Address Covid-19 Financial Stress
The measures include a 3 month moratorium on term loans, deferred interest on working capital loans, $50bn of liquidity measures, and 6-month delays for NSFR, CCB and LEI implementation.
March 28, 2020 -
1.3KAsia-PacificSri Lanka Central Bank Directs FIs to Implement Debt Moratorium
The debt moratorium will be implemented for personal loans, credit card debt, SME loans, among other sectors. Financial institutions are also directed to provide new working capital loans.
March 26, 2020
