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Fortis has finalised the acquisition of 50.45% of Pacific Century Insurance from its majority shareholder, PCI Regional Developments Ltd, and others for a total consideration of HKD 3.5 bn (EUR 341 m). (more…)
#acquisition#insurance
HSBC has introduced a new receivables financing package designed to provide quicker access to funds for small- and medium-sized enterprises…
#bank#management#receivables financing
The Hong Kong and Shanghai Banking Corporation Limited and Tradelink Electronic Commerce Limited (Tradelink ) has announced the opening of…
The recent growth in government figures for total investment in machinery, equipment and computers is echoed by figures released by…
The Hong Kong branch of global credit insurer Atradius received its operating license on 29 September cementing its foothold in…
Government-owned Hong Kong Export Credit Insurance Corporation expects total insured business to grow by 11.6 per cent for the three…
Local Chinese-language newspaper Sing Tao Daily yesterday quoted market sources as saying that China Construction Bank (CCB) is planning to…
Hong Kong Export Credit Insurance Corporation (ECIC) has announced it will not raise premiums across the board when policies come…
HSBC has opened its first Commercial Transaction Centre (CTC) in Sheung Wan. The CTC, a new type of branch for…
#awards#bank#insurance
As of January 1 st 2006, the SME Development Fund (SDF) administered by the Trade and Industry Department (TID) is…
#funding#smes#trade
Film financing in Asia has just got a whole lot more modern. Movie making, traditionally regarded as one of the…
#bank#First Bank#guarantees
12 June 2003: Country ratings by Coface - Hong Kong While remaining exposed to swings in the international economic situation…
Today Hong Kong's central bank raised the basic interest rate at which local banks borrow money, by (more…)