Hong Kong to launch new microfinance pilot scheme

Hong Kong

The Hong Kong Mortgage Corporation (HKMC) on February 2 said it plans to launch a new microfinance pilot scheme in an attempt to boost lending to individuals and start-up businesses in Hong Kong.

The HKMC said it hoped to launch the pilot scheme in mid-2012, with the trial lasting three years. The organisation said it still needs the formal approval from its 18-member board of directors before it can start the pilot, although this is thought to be merely a formality at this stage. The board is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.