HSBC to extend US$641 million in pre-approved loans to aid Hong Kong SMEs

By Yahoo! Finance | Sep 25, 2024 at 05:30 AM EST

HSBC is launching a HK$5 billion pre-approved financing scheme for SMEs in Hong Kong, aiming to simplify access to capital during a rate-cut cycle. The bank offers credit limits to eligible SMEs, extending support until 2024 to help businesses enhance financial resilience.

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