Hong Kong Banking Sector Rallies to Support Struggling SMEs

MT Newswires Live
18 Feb

Eighteen banks in Hong Kong have agreed to provide financial support for small and medium-sized enterprises in the city, the Hong Kong Association of Banks said Monday.

The banks will join the financial arrangements negotiation mechanism to assist customers resolve their financial concerns, the association said.

Among the banks are Bank of China (Hong Kong), Bank of Communications (Hong Kong), The Bank of East Asia (HKG:0023), China CITIC Bank International, China Construction Bank (Asia), Citibank (Hong Kong), Dah Sing Bank (HKG:2356), DBS Bank (Hong Kong), Fubon Bank (Hong Kong), Fusion Bank, Hang Seng Bank (HKG:0011), The Hongkong and Shanghai Banking Corp., Industrial and Commercial Bank of China (Asia), Nanyang Commercial Bank, OCBC Bank (Hong Kong), Shanghai Commercial Bank, PAO Bank, and Standard Chartered Bank (Hong Kong).

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