Hong Kong hands out six-month loan repayment holiday

SMEs are the target of the latest HKMA initiative to support local corporates during the city’s worst business slump in more than a decade
Hong Kong hands out six-month loan repayment holiday

The Hong Kong Monetary Authority (HKMA) on Friday instructed all 162 banks in the city to grant a six-month loan repayment holiday to small and medium-sized enterprises (SMEs).

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