The CBIRC is encouraging banks and investment firms to explore new models of financing, where they provide both credit and direct investment to innovative firms.
April 12, 2022Prototype platforms for green bond tokenisation developed. Commercial Data Interchange enters pilot launch. AML Regtech Lab set for Friday launch.
November 4, 2021The maximum loan amount per enterprise, total loan ceiling, maximum repayment period, and duration of moratorium will be extended.
March 23, 2021The change is reportedly seen as a significant step for China to bolster movable assets-backed financing, a key funding channel for SMEs.
December 22, 2020The 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, 2020Loan 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, 2020The measures include continued support for businesses and individuals, with some focus being diverted back to pre-Covid policy work to support innovation and data-driven initiatives.
June 15, 2020Other enhancements to the 80% and 90% Guarantee Products include higher maximum loan amounts and interest subsidies up to 12 months.
June 1, 2020$10bn will be available to banks under the USD liquidity facility. The stress tests are being postponed to 2021 to free up banks' operational capacity.
April 23, 2020Administered 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