All posts tagged "working capital"
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1.2KFintech / RegtechMAS, SFA, AMTD Jointly Launch S$6m ‘FinTech Solidarity Grant’
Fintechs can apply for a one-time grant to cover daily working capital expenses, or for funding to cover proofs-of-concept developed with financial institutions on APIX.
May 14, 2020 -
436Asia-PacificCBSL Announces New Loan Facility to Aid Businesses
Loans granted to businesses by participating FIs under the facility will be limited to two months working capital, with 2 years repayment terms and a 4% p.a. interest rate.
April 21, 2020 -
744Feature
MAS Launches New Facility to Pump Cheap Loans to SMEs
"Banks and finance companies will be able to make more loans to SMEs and at lower cost - in fact, we expect them to do so," said MAS Managing Director Ravi Menon.
April 21, 2020 -
739MalaysiaBursa Malaysia Raises Share Issue Limits, Extends Filing Deadlines
Listed issuers are allowed to increase the general mandate threshold for new securities issues from the existing 10% to 20% of the total number of issued shares.
April 20, 2020 -
561Australia & NZAustralia Commences Coronavirus SME Guarantee Scheme
The 50% government guarantee under the scheme enables lenders to offer loans to SMEs "cheaply and more freely compared to ordinary business loans".
April 12, 2020 -
981Capital RegulationSingapore Govt to Increase Risk Share on SME Loans
The government will increase its risk share of loans made under existing loan financing schemes from 80% to 90%, for loans initiated from 8 Apr until 31 Mar 2021.
April 7, 2020 -
712Asia-Pacific
Sri Lanka Central Bank Introduces Measures to Support Financial Sector
Banks can draw down on capital conservation buffers, defer capital requirements, and avoid classifying borrowers as non-performing.
April 2, 2020 -
926Capital RegulationCBIRC Issues Revised Regulations for Foreign Banks in China
The revised regulations implement the removal of foreign ownership limits and asset thresholds for setting up local units, among other relaxations.
December 30, 2019 -
521Capital RegulationRBI Drafts Rules to Restrict Short Term Borrowings
New rules will require a minimum 40% fixed term loan component of working capital financing facilities by 1 October and 60% by 1 April 2019, to reduce cash credit borrowings which often entail loose repayment schedules, perpetual roll-overs.
June 15, 2018
