Bloomberg Malaysia’s banks will offer broader loan deferrals that will involve 100 billion ringgit ($23 billion) of funds as the country seeks more ways to soften the pandemic’s impact on its economy. Banks will offer six-month deferrals for all loans held by individuals and small businesses and let people convert their credit card debt into a three-year term loan, the ...

Bloomberg India’s central bank is weighing opening a new credit facility for banks aimed at boosting their lending to mutual funds, which have been hit by a flood of redemptions, according to people familiar with the matter. The Reserve Bank of India and finance ministry are in favour of a proposal from the industry regulator to open a cash window ...

Bloomberg Canadian banks are giving their workers extra pay for going into the office or manning branches during the coronavirus pandemic. Most of the country’s biggest lenders are offering an additional C$50 ($34) a day to those employees who aren’t able to work from home. They join US counterparts including Citigroup Inc., JPMorgan Chase & Co., Bank of America Corp. ...