• 11/26/2024

Hong Kong lawmakers ask HKMA to seek more support from banks after SMEs see trimmed credit lines, tougher collateral requirements

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Some of Hong Kong’s small- and medium-sized enterprises (SMEs) have either had their credit lines trimmed or their collateral asks raised, lawmakers said during a meeting of the city’s Legislative Council on Monday.

https://www.scmp.com/business/banking-finance/article/3219831/hong-kong-lawmakers-ask-hkma-seek-more-support-banks-after-smes-see-trimmed-credit-lines-tougher?utm_source=rss_feed