All posts tagged "HKMC Insurance"
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110Hong KongHKMA Announces Final Extension for Trade Loan Deferrals
Corporate customers can further extend their trade facilities for another 90 days until the end of October, when the scheme will expire.
July 16, 2021 -
272FeatureHong Kong: Enhanced 100% Loan Guarantee Set to Take Effect
The maximum loan amount per enterprise, total loan ceiling, maximum repayment period, and duration of moratorium will be extended.
March 23, 2021 -
197Feature
Hong Kong to Enhance Special 100% Loan Guarantee Scheme
The maximum loan amount per enterprise, total loan ceiling, maximum repayment period, and duration of moratorium will be extended.
February 25, 2021 -
601FeatureHong Kong Govt Enhances 100% Loan Guarantee Scheme
The maximum loan amount and repayment period are being increased to further alleviate the cash flow pressure of SMEs, effective from Friday, 18 September.
September 16, 2020 -
795Capital RegulationHKMA Extends Principal Payment Holiday Scheme Six Months
Loan principal payments of eligible corporate customers falling due between November 2020 and April 2021 will be deferred by six months. Trade loans will be deferred by 90 days.
September 3, 2020 -
538FeatureHK Extends Loan Guarantee Schemes to Listed Companies
Other enhancements to the 80% and 90% Guarantee Products include higher maximum loan amounts and interest subsidies up to 12 months.
June 1, 2020 -
1.3KHong Kong
Hong 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 -
610Capital Regulation
HKMA Sets Out Treatment of Loans Under 100% Guarantee Scheme
IRB AIs should seek the HKMA's exemption approval to apply the standardised approach for SME loans granted under the 100% Guarantee Scheme.
April 7, 2020 -
1.2KCapital RegulationHKMA Frees Up Regulatory Reserves, Liquidity Buffers for Banks
Regulatory reserves held against possible credit losses will be reduced by half. Banks are encouraged to use liquidity buffers built up under the LCR and LMR regimes.
April 5, 2020 -
614Capital Regulation
HKMA Convenes Special Teleconference on SME, Personal Lending
The Banking Sector SME Lending Coordination Mechanism discussed ways to extend greater support to SME and retail customers, in light of the Covid-19 threat to cashflows.
February 14, 2020
