BOC Hong Kong Hold. : Bank of China (Hong Kong) introduces subsidy of guarantee fee to support SME Financing Guarantee Scheme
05/30/2012| 08:43am US/Eastern
Bank of China (Hong Kong) introduces subsidy of guarantee fee
to support SME Financing Guarantee Scheme
30 May 2012
Bank of China (Hong Kong) Limited ("BOCHK")
announced the launch of a privileged guarantee fee subsidy to
support the "SME Financing Guarantee Scheme"
("SFGS") of the Hong Kong Mortgage Corporation
From now until 31 December 2012, commercial customers who
have successfully applied for the SFGS with BOCHK are
entitled to a guarantee fee subsidy of up to three months
subject to a maximum of HK$20,000*.
Mr Marco Wong, Deputy General Manager, Corporate Banking and
Financial Institutions of BOCHK, said, "BOCHK is
committed to providing continuous support to the sustainable
and steady development of local SMEs. We have joined the SFGS
launched by the HKMC since its inception in 2011. To support
the enhanced SME Financing Guarantee Scheme to be launched on
31 May, BOCHK has organised a number of seminars for our
commercial customers to provide them with the latest
information and promotional offers. In addition to our seven
commercial centres, customers can also apply for the enhanced
scheme at over 200 branches of BOCHK."
For details of promotional offers, please call BOCHK SFGS
Service Hotline at (852) 2105 8288, visit
any of BOCHK commercial centres or branches, or browse www.bochk.com.
Note: *Offers are subject to relevant terms and conditions.
About Bank of China (Hong Kong) Limited
Bank of China (Hong Kong) Limited ("BOCHK"),
established on 1 October 2001, is a leading listed commercial
banking group in Hong Kong. With over 260 branches, more than
570 ATMs and other distribution channels in Hong Kong, BOCHK
and its subsidiaries offer a comprehensive range of financial
products and services to personal and corporate customers.
BOCHK is one of the three note issuing banks in Hong Kong. In
addition, the BOCHK Group (comprising BOCHK, Nanyang
Commercial Bank and Chiyu Banking Corporation) and its
subsidiaries have 30 branches and sub-branches in the
Mainland of China to provide cross-border banking services to
customers in Hong Kong and the Mainland. BOCHK is appointed
by the People's Bank of China as the Clearing Bank for
Renminbi business in Hong Kong. On 13 July 2010, BOCHK was
authorised as the Clearing Bank of RMB banknotes business for
the Taiwan region.
BOC Hong Kong (Holdings) Limited, BOCHK's holding
company, began trading on the main board of the Stock
Exchange of Hong Kong on 25 July 2002, with stock code
"2388", ADR OTC Symbol "BHKLY".