Hong Kong lawmakers ask HKMA to seek more support from banks after SMEs see trimmed credit lines, tougher collateral requirements

By Enoch Yiu

Some of Hong Kong’s small- and medium-sized enterprises (SMEs) have either had their credit lines trimmed or their collateral asks raised, lawmakers said during a meeting of the city’s Legislative Council on Monday.

Source: Hong Kong lawmakers ask HKMA to seek more support from banks after SMEs see trimmed credit lines, tougher collateral requirements