The HK payment provider has created a JV with the Chinese finance leasing player to provide much needed commercial credit management services, just as the SAR's economy is looking up.
In a recent discussion with CT, Moodey shared details around the bank’s partnership with the ADB and the scope of its trade finance ambitions across Asia’s emerging markets.
Global small and medium-sized businesses (SMBs) expect to expand globally within the next year but say cross-border payments will be among their chief challenges.
With growing awareness of the importance of digitalisation, SMEs in Hong Kong plan to ramp up their investments towards it – but rising interest rates are making access to funding more difficult, research by DBS has found.
Hong Kong is well placed to capitalise on e-commerce trends given its status as a regional trade hub and gateway to global markets, according to the bank.