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Hong Kong

HKMA Launches SME info hub amid economic shifts

The Hong Kong Monetary Authority (HKMA) has rolled out a new SME information hub on its website, aiming to aid small and medium-sized enterprises impacted by shifts in consumer and tourism spending. The platform offers insights into SME lending services...

#SME lending

HKMA introduces nine measures to support SMEs

The following is issued on behalf of the Hong Kong Monetary Authority (HKMA):The Hong Kong Monetary Authority (HKMA), together with…

#bank#management#SME financing


Goldman Sachs doubles FundPark’s loan facility to a whopping...

Hong Kong-based fintech startup FundPark has successfully secured a substantial investment of US$500m from Goldman Sachs, marking the second funding…

#Cash flow#cash-flow#Goldman Sachs


Dun & Bradstreet and Hong Kong Export Credit Insurance...

Dun & Bradstreet (D&B), a leading global provider of business decisioning data and analytics, has announced the cooperation with Hong…

#credit risk#export credit insurance#exporters


WFY’23: ‘Despite the economic contraction, Hong Kong factoring volume...

Following a notable recovery in 2021, the Hong Kong economy contracted 3.5 per cent in 2022, said Samantha Hiu Kwan Wong, Head…

#Samantha Hiu Kwan Wong#World Factoring Yearbook


Tradewind provides $1.45 export factoring facility

Tradewind Finance has arranged a US $1.45 million export factoring facility for a printer in Hong Kong, a major global…

#Tradewind


BIS Project Dynamo delivers ground-breaking prototype for digital tokens...

Bank for International Settlements (BIS) has presented a new prototype developed as part of the BIS Innovation Hub's ‘Project Dynamo’,…

#blockchain#eBL#ESG


HSBC launches B2B point-of-sale financing

HSBC today announced the launch of point-of-sale financing for business-to-business (B2B) transactions... (more…)

#API#bank#platforms


HSBC expands digital capabilities with new multi-currency payment platform

HSBC today unveiled a new one-stop digital payment solution for small and medium enterprises... (more…)

#digital trade finance


Hong Kong financial authorities to promote blockchain to SMEs

The Hong Kong Monetary Authority (HKMA) and the BIS Innovation Hub have launched Project Dynamo, which aims to use DeFi,…

#blockchain#DeFi#smart contracts


DBS Bank and GS1 HK partner to provide local...

DBS Bank (Hong Kong) Limited and GS1 Hong Kong have announced the launch of an innovative... (more…)

#DBS Bank


DBS and CITIC Metal sign their first-ever sustainability-linked invoice...

DBS Hong Kong announced its first-ever sustainability-linked purchase invoice financing... (more…)

#DBS Bank

‘GDP factoring volume penetration increased in 2020’ in Hong...

The COVID-19 pandemic dealt a heavy blow to global and local economies in the first half... (more…)

#Samantha Hiu Kwan Wong

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