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 h

To continue reading...

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 indvidual account here: