All posts tagged "working capital"
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722TaiwanTaiwan FSC Issues New Rules on Domestic OBU Accounts
About 90,000 of Taiwan's 130,000 OBU accounts are owned by overseas firms that are actually Taiwanese companies.
September 28, 2020 -
1.5KAsia-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 -
872Asia-PacificSri Lanka Banks No Longer ‘Scared’ to grant Covid-19 Loans
Banks no longer need to risk weight the loans against capital due to a guarantee scheme announced by CBSL earlier this month.
July 23, 2020 -
1.4KChinaCBIRC Issues Final Rules for Banks Engaged in Online Lending
Online loans by banks should generally not exceed a one year term or 200,000 yuan per household. Banks must ensure loan proceeds are not used for property or risky investments.
July 23, 2020 -
690Australia & 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 -
545Asia-PacificSri Lanka: CBSL to Absorb Credit Risk on Business Loans
The CBSL will provide credit guarantees ranging from 80% for smaller loans to 50% for larger loans issued to businesses affected by Covid-19.
July 2, 2020 -
1.3KAsia-Pacific
Sri Lanka Cuts Statutory Reserve Ratio, Expands Lending Facility
The CBSL has cut the statutory reserve ratio by 200 basis points, releasing $617mn in liquidity in the banking system. The size of its re-finance facility has also been tripled.
June 17, 2020 -
875Asia-Pacific
Sri Lanka to Triple Refinance Facility Limit for Banks
The tripling of the limit was proposed to the Cabinet following complaints from various parties that they had not received relief from their banks.
June 8, 2020 -
382ChinaSSE Launches Short-term Corporate Bond Issuance Pilot
Under the pilot, SSE-listed companies can issue bonds with durations under one year to professional investors, provided the proceeds are not used to meet long-term funding needs.
May 26, 2020 -
586Capital RegulationRBI Cuts Interest Rate Again, Extends Debt Moratorium
The RBI has also increased the large exposures cap for banks from 25% to 30% and granted FPIs three more months to comply with requirements under the voluntary retention route.
May 25, 2020
