BOC Hong Kong backs SME financing

Launches privileged guarantee fee subsidy.

Bank of China (Hong Kong), Ltd has launched a privileged guarantee fee subsidy to support the Special Concessionary Measures of the SME Financing Guarantee Scheme of the Hong Kong Mortgage Corporation, Ltd. This offer is designed to meet the financing needs of commercial customers and help facilitate the development of local small and medium enterprises.

From now until February 28, 2014, commercial customers who have successfully applied for the SFGS through BOCHK are entitled to a three-month guarantee fee subsidy of up to HK$20,000.

Bank of China (Hong Kong) is a leading listed commercial banking group in Hong Kong. With over 260 branches, more than 580 ATMs and other distribution channels in Hong Kong, BOCHK is one of the three note issuing banks in Hong Kong.