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The measure of lowering CCyB (countercyclical capital buffer) from 2% to 1% is welcome as it provides more room for the banking sector to firmly support the local economy. I together with other LegCo Members will arrange a meeting with HKMA and representatives of the banking sectors, members of Chambers as well as wholesale and retail industry to discuss further relief measures to support SMEs.

SCED speaks on 90 per cent Guarantee Product under SME Financing Guarantee Scheme
SCED speaks on 90 per cent Guarantee Product under SME Financing Guarantee Scheme (with video) Following is the transcript of remarks by the Secretary for Commerce and Economic Development, Mr… Read more »

Attending the Inauguration Ceremony cum Fellowship Confermemt of Hong Kong Academy of Finance
Attached Online Link : 1. South China Morning Post https://www.scmp.com/business/article/3016191/monetary-authority-seeks-keep-hong-kong-cutting-edge-tech-regulatory 2. HongKong Monetary Authority https://www.hkma.gov.hk/eng/key-information/press-releases/2018/20180717-3.shtml

Hongkong Post today (April 27) announced the launch of the EPS EasyCash for Senior Citizens service at seven post offices
Press Releases of The Government of the Hong Kong Special Administrative Region http://www.info.gov.hk/gia/general/201804/27/P2018042500314.htm?fontSize=1 NEWS.gov.hk – Senior cash service launched https://www.news.gov.hk/eng/2018/04/20180425/20180425_163919_828.html