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Written reply to Parliamentary Question on revised regulatory cap on retail deposits for digital full banks and other safeguards for consumers

MAS requires a digital full bank (DFB) to progressively build up its business model and risk management capabilities as it grows.

time:
2023-08-09 16:25:00
views:
42185

Summary Report:Monetary & Banking Developments – March 2023

Total Bank Deposits increased by 2.8%, rising from AED 2,242.3 billion at the end of February 2023 to AED 2,306.0 billion at the end of March 2023.

time:
2023-06-13 14:58:00
views:
25123

Chinese state-owned banks reportedly set to lower interest rate on yuan, dollar deposits

time:
2023-06-07 08:44:31
views:
24420

RBI:Framework for acceptance of Green Deposits

time:
2023-04-19 08:43:54
views:
36778

Funds held in transaction accounts decreasing – popularity of deposits with agreed maturity increasing

time:
2023-01-12 08:35:53
views:
32942

IMF:Digital Money and Central Banks Balance Sheet

Digital money is a logical step in a process of continuous technological advancement in payment systems. In response, central banks are reviewing their conduct of monetary operations in light of the new shape of financial markets and systems. The impact of digital money will depend on the type of money substitution by digital money. The paper straddles several cases where substitution of CiC (currency in circulation), and bank deposits may take place via digital money such as CBDC or other e-money, and how it would impact the central bank balance sheet. Remuneration of CBDC, if aligned to a new objective, could potentially amplify the effect on the interest rate channel of monetary policy.

time:
2022-11-07 07:00:00
views:
59517

Macao:Monetary and financial statistics – September 2022

According to statistics released today by the Monetary Authority of Macao, broad money supply retreated in September. Meanwhile, resident deposits fell from a month ago whereas loans to residents posted an increase.

time:
2022-11-04 08:00:00
views:
69427

Cash Ratio Deposits – effective immediately

Cash Ratio Deposits (CRDs) are non-interest bearing deposits lodged with the Bank of England by eligible institutions (i.e. banks and building societies), who have reported average eligible liabilities (ELs) in excess of £600 million over a six-month calculation period. The level of each institution's CRD is calculated twice yearly (in May and November).

time:
2022-11-02 10:00:00
views:
32999

Monetary and financial statistics – August 2022

According to statistics released today by the Monetary Authority of Macao, broad money supply continued to grow in August. Meanwhile, both resident deposits and loans increased from a month earlier.

time:
2022-10-08 08:00:00
views:
55290

Long-term deposits see lower interest

The inversion of medium and long-term deposit rates has revealed banks' wish to reduce the cost of liabilities.

time:
2022-08-03 13:55:27
views:
55399

China begins pilot program to bolster retirement planning

The cap on such deposits is 10 billion yuan ($1.48 billion) for each bank.

time:
2022-07-30 15:08:16
views:
70205

China's new yuan loans at 2.81t yuan in June

The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 11.4 percent year on year to 258.15 trillion yuan at the end of last month

time:
2022-07-11 21:08:48
views:
55093

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