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Small-to-medium enterprises in Hong Kong are pessimistic about a quick economic rebound, and anticipate a global economic recovery only after 2010. (more…)
#cash management#funding#Funding Options
Since December 2008 HSBC has granted 322 million euros to Hong Kong SMEs to help them ride out the financial…
Mainland regulators are asking banks to further loosen their restrictions on loans to SMEs, in support of Beijing's economic stimulus measures…
The Legislative Council finance committee has passed a HK$100bn (EUR9.59bn) special loan guarantee scheme for SMEs (more…)
The Hong Kong SAR government is considering merging the loan guarantee for two sub-schemes under the SME funding schemes to…
#funding#guarantee#Paid
Amanda Chiu, SVP, Head of Factoring, Corporate and Investment Banking, Greater China, DBS Bank gives the overview for the year.…
#bank#commercial finance#international
Bank of East Asia Ltd confirmed Monday it signed an agreement to sell its 50% stake in a financial services…
#acquisition#bank#commercial finance
DBS Bank (Hong Kong) Limited was recently awarded the Export Factor Growth Award and Marketing Promotion Award by Factors Chain…
#bank#international#International Trade
HSBC has strengthened its trade services and supply chain business with the appointment of Rebecca Adriatico. (more…)
Hong Kong's economic growth probably cooled in the third quarter because China's export curbs and weaker U.S. demand reduced growth…
HSBC has officially opened its flagship SME Centre and its first commercial banking International Banking Centre (IBC) in Hong Kong.…
#bank#cash management#international
Hong Kong Export and Credit Insurance Corp's net profit for the fiscal year ended 31 March fell 2.6% year-on-year due…
Fortis has announced that it has acquired 98.59% of shares and options of Pacific Century Insurance Holdings Limited (PCIHL), based in…