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Hong Kong’s small- and medium-sized enterprises (SMEs) can now apply for a business loan without lengthy application procedures and without the need for collateral backing, according to HSBC. The bank’s new Small Business Loan can be accessed within 48 hours....
Hong Kong's exports in July rose 16.5% year-on-year to HK$ 183.6 bn, after an 18.2% growth in June, the government…
#exports#trade
Zurich has announced the appointment of a new marketing manager to join its business unit in Hong Kong, which provides…
Hong Kong banks chose to keep their prime rates or lending rates steady, resisting pressure set by the hike in…
Hong Kong firms reported fewer late payments and defaults from overseas in the second quarter as the global economy improved,…
#economic outlook#exporters#payment defaults
The Hong Kong Trade Development Council (TDC) has proposed relaxing restrictions to encourage more mainland private enterprises to invest in…
#Boost#international#Jobs
Hong Kong's small- and medium-sized enterprises (SMEs) will not suffer the credit squeeze feared by some as a result of…
#bank#financial services#international
New credit scoring techniques have paved the way for unsecured lending in the small- and medium-sized business (SME) sector, which…
The government of the Hong Kong Special Administrative Region is taking firm measures to rein in its budget deficit, which…
Hong Kong Financial Secretary Henry Tang is expected to leave taxes and fees frozen when he presents a "market friendly"…
#bank#banks#Boost
Hong Kong's small- and medium-sized enterprises (SMEs) are calling on their bankers for more credit to fund their growing business…
#bank#funding#interest rates
George Leung, chief economist, Greater China at The Hongkong and Shanghai Banking Corporation Limited comments: In view of the faster…
#exports#GDP#interest rates
HSBC assistant general manager and head of commercial banking Margaret Leung said the bank's loans to small- and medium-sized enterprises…
#bank#commercial lending#SME loans