All posts tagged "BOCHK"
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899Hong KongHong Kong Expands 100% Loan Guarantee Scheme Ahead of Launch
Administered by HKMC Insurance, the Special 100% Loan Guarantee Scheme has been expanded to total guarantees of HK$50bn, alongside a doubling of the per-enterprise loan limit.
April 17, 2020 -
481Asia-PacificMyanmar Awards Licences to Seven More Foreign Banks
The preliminary licences were awarded to three Korean banks, two Taiwanese banks, one Hong Kong bank and one Thai bank.
April 13, 2020 -
396Hong KongHSBC Provides Relief to Customers Impacted by Outbreak
HSBC becomes the latest Hong Kong bank to announce relief measures for business owners impacted by the novel coronavirus and its effects on the economy.
February 10, 2020 -
922Hong KongHKMA Urges ‘Sympathetic Stance’ for Borrowers Affected by Coronavirus
The HKMA is encouraging banks to adopt a sympathetic stance to customers facing coronavirus-related difficulties and to consider offering relief on debt repayment and fees.
February 7, 2020 -
622Capital Regulation
HKMA, Hong Kong Banks Pledge Leniency for SME Borrowers
Nine major Hong Kong banks have pledged to help SME customers that encounter financial difficulties by adopting accommodative lending policies.
October 18, 2019 -
873Fintech / RegtechMAS Considers the Value of Allowing Virtual Banks in Singapore
The regulator says it is engaging relevant stakeholders to ascertain the unique value that such virtual bank entrants could bring to Singapore's banking landscape.
May 8, 2019 -
1.1KFintech / RegtechHKMA Grants Fourth Virtual Bank Licence to WeLab Digital
The HKMA has granted a fourth virtual bank licence to WeLab Digital, the first stand-alone company to receive the licence.
April 11, 2019 -
1.3KFeatureHKMA Approves Three Virtual Banks, Five More Being Considered
The three newly licenced virtual banks are joint ventures involving BOCHK, JD Digits, Jardines, Standard Chartered, HKT, PCCW, Ctrip, ZhongAn Online and Sinolink.
March 27, 2019 -
1.1KChinaBOCHK Launches Pilot Service for Mainland Account Opening
BOCHK has been granted regulatory approval to launch a pilot scheme that enables Hong Kong citizens to open a personal bank account in the mainland, remotely.
March 21, 2019
