Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
As Singapore wades into digital lending, with the Monetary Authority of Singapore inviting firms to submit proposals for virtual banks by August, SMEs are set to gain the most
While the People’s Bank of China hopes cuts to its reserve rate ratio will inject liquidity into the SME market, the fundamentals still weigh heavily against it.