in a speech Margaret Leung

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She said that the Government's SME Loan Guarantee Scheme has certain restrictions, and in the abundance of the Loan Fund, more than half not meet these requirements,[link widoczny dla zalogowanych], that is, without government guarantee, as loan pricing,[link widoczny dla zalogowanych], depends on different cases. She does not believe that HSBC's loan pricing is irrational, the abundance of the recent increase service charges, no big impact on SMEs.
The interest rate trend,[link widoczny dla zalogowanych], she believes the U.S. interest rate cuts are still a small amount of space, but she refers to the current interest rate is very low,[link widoczny dla zalogowanych], while other European countries and Japan, interest rates have almost bottomed out. She also pointed out that Hong Kong has dropped to near zero savings rate, current prime rate in Hong Kong will be further reduced pressure, it is difficult to cut interest rates sharply in Hong Kong.
In addition,[link widoczny dla zalogowanych], Margaret Leung said the bank was strong support for the Government's SME Loan Guarantee Scheme, and last year's SME loan fund set up in November,[link widoczny dla zalogowanych], Hong Kong has four billion yuan credit line approved Three into, involving funding of about 1.2 billion yuan. She said that further increase the loan fund in Hong Kong is not a problem.
She pointed out that in the end of last December, the bank has received Gong two thousand six hundred queries, received one thousand five hundred applications, is currently handling more than one thousand applications, and grant out of the loan amount over a million dollars over ten 10000-6.
in a speech Margaret Leung, the controller issued a press release yesterday evening, also confirmed that no intention to reduce the current holders of the Bank of ○ stock rights. Bank of Communications issued a statement that also applies to the time, confirmed that cross-holdings of shares will not be charged. Control of the shares held by Bank of lock-up period was ○ Maturity.
two lines have reiterated commitment to continue cooperation between the two sides of the long-term strategy, and plans to strengthen the existing cooperation in many areas,[link widoczny dla zalogowanych], including credit cards, corporate banking, international business, financial services, managed services and technology development.
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