CAPITAL / LIQUIDITY

Capital / Liquidity

Deposit Caps Raised for Singapore Digital Banks GXS, Maribank

By Editors | 19/07/2023

Grab’s GXS Bank and Sea’s Maribank have both increased the maximum deposit allowed in savings accounts from S$5,000 to S$75,000.

ESG / Sustainability

TWSE Improves Information Transparency with New Platforms

By Ranamita Chakraborty | 17/07/2023

TWSE received feedback from foreign institutional investors who expressed the need for integrated content from various TWSE websites and consistent availability of information in both Chinese and English formats.

Capital / Liquidity

US Banks Push Back Against Proposed Higher Capital Requirements

By Mark Johnston | 14/07/2023

Higher capital requirements being considered could make it more difficult to provide credit to the economy, banks say.

Capital / Liquidity

Hong Kong Proposes to Raise Bank Deposit Protection

By Sanday Chongo Kabange | 14/07/2023

The Deposit Protection Board proposes to raise the bank deposit protection limit from HK$500,000 to HK$800,000.

Fintech / Regtech

Singapore Digital Banks Urge MAS to Lift Caps on Deposits

By Editors | 14/07/2023

Grab’s GSX Bank and  Sea’s MariBank say the deposit cap imposed on new digital banks is hindering their ability to expand and lend.

Capital / Liquidity

HKMA Announces Orderly Exit from Loan Holiday Scheme

By Editors | 12/07/2023

The Pre-approved Principal Payment Holiday Scheme has “fulfilled its purpose and an orderly exit should commence”.

Big Picture

Collateral Use Can Introduce Financial Stability Risks: BIS Officials

By Manesh Samtani | 12/07/2023

Using collateral reduces incentives for borrower screening and monitoring and can undermine the safe haven status of government securities.

Capital / Liquidity

Korean Banks Asked to Prepare Support Funds for Credit Cooperative

By Sanday Chongo Kabange | 12/07/2023

The big five banks were asked to prepare KRW 1 trillion of financing as potential support for MG Community Credit Cooperative.

Capital / Liquidity

China Extends Policy Measures to Support Real Estate Market

By Editors | 11/07/2023

The extension will helpensure financial services are available to support the delivery of completed properties to homebuyers.