CAPITAL / LIQUIDITY

Capital / Liquidity

Philippine Markets Shut, Central Bank Promises Regulatory Relief

By Editors | 17/03/2020

The Philippines has halted stock, bond and currency trading ‘until further notice’. The BSP is urging banks to provide financial relief to customers and employees.

Capital / Liquidity

DTCC Offers Guidance on FRTB’s Risk Factor Eligibility Test

By Editors | 17/03/2020

Access to robust, high-quality price observation data is key to compliance with FRTB requirements to test the eligibility of the risk factors used in internal models.

Big Picture

Low Oil Prices Amplify Asset Risks at Singapore Banks: Moody’s

By Editors | 17/03/2020

The major concern for Singapore banks is the quality of loans to SMEs, which typically have lower financial flexibility and are more sensitive to operating and trade conditions.

Capital / Liquidity

RBI Amends Exposure Norms for Urban Cooperative Banks

By Editors | 16/03/2020

The single borrower and group exposure limit will be 15% and 25% of tier 1 capital, respectively, compared to 15% and 40% of total capital previously.

Capital / Liquidity

India’s Cabinet Green Lights Yes Bank Rescue Plan

By Editors | 16/03/2020

State Bank of India and 7 other FIs are investing over 100bn rupees in Yes Bank’s equity. The bank’s moratorium will be lifted on Wednesday.

Capital / Liquidity

RBNZ Defers Implementation of New Capital Framework

By Editors | 16/03/2020

The deferment will enable banks to supply up to around NZ$47bn in additional lending to households and businesses, the RBNZ estimates. The OCR has also been cut to 0.25%.

Capital / Liquidity

HKMA Responds to Fed Rate Cut, Reduces CCyB

By Editors | 16/03/2020

The base rate is being adjusted downwards to 0.86%, while the countercyclical capital buffer is being reduced from 2.0% to 1.0% to bolster lending.

Capital / Liquidity

US Fed Cuts Rates, Relaxes Regulatory Requirements to Boost Lending

By Editors | 15/03/2020

The Fed is cutting interest rates by 100bps and will buy $700bn in assets. Banks will no longer have to meet reserve requirements and can use capital and liquidity buffers to lend.

Capital / Liquidity

PBOC Announces Second Reserve Requirement Cut of 2020

By Editors | 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.