Financial news
Written by: Zhang Weilun
2020-03-31 21:40
Last updated: 2020-03-31 21:40The new crown pneumonia epidemic has caused difficulties in all walks of life in Hong Kong, including the retail and consumer industries. The HKMA pointed out that it understands that all industries are facing huge financial pressure in the epidemic, and the banking industry has been encouraged to support affected customers as much as possible under the controllable risk, including small and medium-sized enterprises in different industries. The banks have responded positively and launched A series of measures to support the affected customers will help alleviate the financial pressure of the affected enterprises.
As of mid-March this year, 16 banks active in SME loans have approved a total of more than 7,000 applications including support measures such as "interest repayment but no principal repayment", loan rollovers and emergency loans, involving more than 43 billion yuan, benefiting from There are a wide range of industries, including those affected by the epidemic, such as transportation, import and export, retail, and tourism.
The authorities welcome different industries to put forward suggestions on how banks can strengthen their support for the special situation they face. The HKMA will actively follow up with the banking industry.
In addition, the mortgage securities company and the banking industry are in full swing, hoping to launch the "100% Guaranteed Special Loan Program" announced in the Budget as soon as possible to issue emergency loans to enterprises in need.
Monetary Authority
