“HKMA will not instruct banks on how to make the loan [assessments], but make sure that banks adopt a fair and tolerant manner to help clients,” Yuen said in a media briefing on Friday. “The task force is a channel for SMEs to reflect their [funding] difficulties, and for the HKMA and lenders to work with them in finding a solution.”
(from Left to Right) Bank of China (Hong Kong) CEO Sun Yu; Hong Kong Monetary Authority CEO Eddie Yue Wai-man; Hong Kong Association of Banks chairwoman and HSBC Hong Kong CEO Luanne Lim; and Standard…