Bloomberg South Africa is in talks with non-banking lenders to join its 200 billion rand ($12 billion) loan-guarantee measures as it seeks to improve access to finance for businesses hit by the coronavirus pandemic. The government-backed program will have less stringent approval processes and extend repayment periods, the National Treasury, the South African Reserve Bank and the Banking Association of …

Bloomberg The Bank of Japan (BOJ) may have adopted a new standard in deciding when to support stocks, according to Seiichi Suzuki, a market analyst at Tokai Tokyo Research Institute Co. While market consensus has it that the BOJ purchases ETFs when the Topix index falls at least 0.5%, recent buying patterns have changed, Suzuki said. “The bar for ETF …

Bloomberg The Treasury is in talks with the UK’s largest banks about a plan to tackle billions of pounds of bad debts expected under government’s Coronavirus loans program for small businesses, the Financial Times reported. Part of the discussions centers on a common code of conduct to deal with bounce-back borrowers, which could include guidance on when and how to …