China's fourth largest State-owned commercial banks－the Big Four－will step up countercyclical credit extension in the second half to help stabilize economic growth and continue to optimize their credit structures by allocating more financial resources to key fields and weak links of the economy, said senior executives of the banks.

The Bank of Japan decided to implement the following measures concerning the Securities Lending Facility (SLF) for 10-year JGBs #357, #358, and #359 for the time being, in order to ensure stability in the market by easing excessive tightening in supply and demand of Japanese government securities in the repo market. The changes below will be effective from September 1, 2022.

The People's Bank of China (PBOC) recently included two foreign-funded banks in a lending program designed for carbon emission reduction. Deutsche Bank (China) Co., Ltd. and Societe Generale (China) Ltd. became the first foreign institutions to get the okay to join the supporting tool for emission cut.

In June, the executive meeting of the State Council announced an increase of 800 billion yuan ($116.8 billion) in policy banks' lending quotas and 300 billion yuan of financial bonds to replenish major project funds. Moreover, it repeatedly called on more capital investment and financial support for key areas and weak links.

Thailand Security and Exchange Commission (SEC) has issued a warning in the state regarding the risks associated with DeFi transactions. The SEC says it is highly-likely that DeFi’s ecosystem, especially debit-taking and lending firms, doesn’t include necessary parameters in their mechanisms for ensuring the prevention of overleveraged collateral and rug-pull.

The reduction in China's benchmark lending rates on Monday will boost the nation's economic recovery by spurring corporate and household spending and stabilizing the real estate sector, experts said.

China on Monday cut the market-based benchmark lending rate in a bid to shore up growth.

The growth rate of mortgage lending nearly doubled, reaching +1.3% after +0.7% in June, according to preliminary data. About a half of the issued loans were market-based mortgages, which was owing to an overall decrease in interest rates.

The fundraise is a part of Fi's larger Series C round. In June, parent company epiFi Technologies raised $45 million from existing investor Alpha Wave Global.

The Hong Kong Monetary Authority published the credit card lending survey results for the second quarter of 2022.

China will continue to ramp up the issuance of special-purpose local government bonds to help small and mid-size banks replenish capital

lenders are urged to optimize the structure of loans to firms in the manufacturing industry and prioritize advanced and high-end equipment manufacturing