Credit conditions
Chinese banks set for mass loan repricing
PBoC set to launch new options to help markets manage interest rate risk
IMF confirms it has abandoned fifteenth quota reform
US thought to oppose proposals to increase emerging economies’ voting power
Credit-fuelled construction booms lead to busts – IMF research
Credit booms that lead to rapid growth in construction more likely to end in crisis, researchers find
Kuwait’s central bank should relax rate caps – IMF
New legislation will encourage nationwide credit rating system, fund staff say
Global cross-border lending growth at highest rate since 2008
Bank claims continued to grow “rapidly” in Q3 2019, latest BIS figures show
European companies’ credit demand shrinks despite ECB stimulus
In Q4 2019, credit demand from non-financial corporations declined for first time in six years
Non-bank growth slowed in 2018, says FSB
Riskiest forms of non-banks still growing, but overall assets went into reverse in 2018
Brainard lending proposal gets boost in Congressional hearing
Participants applaud Fed proposal, while strongly criticising plan by OCC’s Otting
CAR renews IMF support amid ‘volatile’ security situation
New three-year deal designed to shore up peace agreement
Female Spanish entrepreneurs face unconscious bias by lenders – research
Double standards suggest credit allocation among start-ups is not efficient
Machine learning can produce better credit scores – BIS paper
Fintech firms may be better at predicting default rates, researchers find
Nigerian central bank levies $1.3 billion on banks
Banks were fined over the failure to increase lending to 60% of deposits, say local sources
‘Digital identities’ could protect customer data – Carstens
BIS chief praises “impressive gains” made by Singapore and India in regulating data
Excess of cash in Solomon Islands banks driven by high rates – IMF
Basket exchange peg is ‘appropriate’, says IMF, but lending rates remain too high
Philly Fed paper studies impact of Argentina's default on firms
Firms would benefit from mechanisms to ease switching lenders, researchers find
Foreign-funded loans fuel credit booms – DNB paper
Paper finds emerging economies most strongly affected by growth in foreign-funded credit
National differences affect eurozone house loans – ECB paper
Study looks at banks owned by same groups but operating in different eurozone countries
IMF paper tracks Asian authorities’ responses to volatile capital flows
Monetary policy typically responds to several variables in pursuit of greater stability, analysis finds
Cross-border claims growing at fastest rate since crisis – BIS
Non-banks continue to see the fastest growth, latest international banking data shows
DNB paper examines global data on ‘prop trading’
Proprietary trading in securities is linked to decreased loan supply, researchers say
Strong dollar can be bad for trade – BIS paper
Textbook theory does not always hold due to the effect of global value chains, authors say
Loan-to-value analysis may be incomplete as macro-pru tool – research
Loan to purchase price, and loan service to income may be more robust analytical alternatives
Palestine’s Shawwa unveils microfinance initiative
Sector is a “central pillar” of Palestine’s financial and social stability, PMA governor says
Bank bailouts increase firms’ default risk – Bundesbank paper
Paper looks at effects on non-financial firms of recent German bank defaults