As Singapore wades into digital lending, with the Monetary Authority of Singapore inviting firms to submit proposals for virtual banks by August, SMEs are set to gain the most
China has been pushing for more Panda issuance, and a Hong Kong-listed water supply company has delivered despite not holding the top credit rating. It explains how and why.
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.
China’s X-border transaction curbs are hindering companies that want to pay off debt offshore and increasing their appetite for X-border guarantee financing. But firms must play nice and not step across the line.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.