Existing trade facilities falling due between May and July 2023 can be extended by a further 90 days, the HKMA said.
April 30, 2023Businesses still face significant operational challenges due to a complex and uncertain external environment and economic outlook, the HKMA said.
October 21, 2022Significant uncertainty lies ahead for import and export businesses, the HKMA said. The scheme will fully expire at the end of October.
July 21, 2022The HKMA cited uncertainties caused by the spread of Covid-19 and global supply chain disruptions that are continuing to pressure corporates.
January 12, 2022Corporate customers can further extend their trade facilities for another 90 days until the end of October, when the scheme will expire.
July 16, 2021Principal payments of all loans of eligible corporate borrowers falling due between 1 May and 31 October 2021 should be deferred by a further six months.
March 5, 2021Trade loans granted 90-day extensions last year will start to fall due in February, but some trade customers are still facing cash flow pressure, the HKMA said.
February 1, 2021Not enough SMEs are taking advantage of government supported loan programmes, in part due to the onerous processes involved in accessing them, say PwC's Irene Liu and Shierly Mondianti.
August 20, 2020Ping An OneConnect Bank is inviting 200 SMEs and 2,000 retail customers to pilot test its virtual banking services in the HKMA's sandbox.
June 26, 2020RBI audit of bank liabilities forces freeze on new letters of credit; foreign lenders reluctant to accept guarantees from Indian banks.
March 3, 2018