Hong Kong to add more companies to its credit database
Non-listed companies with turnover of up to HK$100 million will have their credit information shared by lenders. That could push borrowing costs down – or up.
Hong Kong's credit database for small companies is to expand its scope to cover businesses with a turnover of up to HK$100 million ($12.8 million) from December 1, the Hong Kong Monetary Authority has announced.
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