Liquidity Risk

PBOC Announces Second Reserve Requirement Cut of 2020

14/03/2020

The move is expected to release 550 billion yuan of long-term funds into the banking system to facilitate lending to small firms and other vulnerable sectors.

Capital Adequacy

PBOC Controlled SPV to Infuse More Cash Into Bank of Jinzhou

13/03/2020

New private placement shares represent a more than 44% expansion of Bank of Jinzhou’s share capital, diluting the stakes of existing investors in the bank.

Capital Adequacy

ECB Announces Stimulus Measures, Banks Granted Regulatory Relief

13/03/2020

The measures include liquidity facilities to help businesses, targeted asset purchases, and relaxed regulatory requirements for banks.

Liquidity Risk

SAFE Raises Upper Limit for Firms Borrowing Overseas

13/03/2020

The move will increase the funding channels available to SMEs, ease their financing difficulties and help them more quickly resume normal operations, SAFE says.

Liquidity Risk

RBI to Provide Liquidity in Forex Market as Rupee Crashes

13/03/2020

The RBI will offer USD/INR sell/buy swaps to bolster FX  market liquidity, as foreign investors withdraw from India amid growing concerns over Covid-19’s economic impact.

Credit Risk

Australia Announces A$17.6b Economic Stimulus Package

13/03/2020

Treasurer Josh Frydenberg held talks with banks ahead of the announcement urging them to do their part to help businesses make the most of the new measures.

Trading & Investment

Thai Bourse Announces Relief Package, Circuit Breaker Triggers

12/03/2020

The 30-minute trading halt came shortly after the SET announced a Covid-19 relief package, which included 500 million baht in fee reductions for market participants.

Clearing & Post-Trade

Eurex Approved to Offer Clearing Services in Japan

12/03/2020

The FSA licence will allow Japanese financial institutions to combine their listed and OTC euro yield curve businesses in one single place, Eurex says.

Resolution & Recovery

RBI Finalises Yes Bank Rescue Plan, Including Funding Lines

12/03/2020

State Bank of India and other banks will invest about 500 billion rupees in Yes Bank shares and CDs. AT1 bondholders will recover about 20% of their investment.