Author: josefinacapps

Hong Kong – Survey on Small and Medium-Sized Enterprises’ Credit Conditions for for Third Quarter 2021

Survey on Small and Medium-Sized Enterprises’ Credit Conditions for for Third Quarter 2021 ****************************************************************************************** The following is issued on behalf of the Hong Kong Monetary Authority:      The Hong Kong Monetary Authority (HKMA) published today (November 2) the results of Survey on Small and Medium-Sized Enterprises (SMEs)’ Credit Conditions for the third quarter of 2021.             Regarding SMEs’ perception of banks’ credit approval stance relative to six months ago, excluding respondents who answered “no idea/don’t know”, 88 per cent perceived similar or easier credit approval stance in the third quarter of 2021, up from 72 per cent in the previous quarter. 12 per cent ... Read more