relative file path for layout
Skip to main content  Skip to search  Skip to main menu
Trade and Industry Department The Government of the Hong Kong Special Administrative Region
Brand Hong Kong - Asia world city
MY COLOUR

Press Release 2008

SMEC welcomes Special Loan Guarantee Scheme for SMEs
Monday, November 10, 2008

The following is issued on behalf of the Small and Medium Enterprises Committee:

The Chairman for the Small and Medium Enterprises Committee, Mr Yu Kwok-chun, welcomed the introduction of a Special Loan Guarantee Scheme for SMEs, as announced by the Financial Secretary, Mr John C Tsang, and the Secretary for Commerce and Economic Development, Mrs Rita Lau, today (November 10). He indicated that the proposed scheme had actively responded to the views and concerns expressed by SMEs, and was expected to provide further support to help them resolve their cash flow problem. He hoped the Legislative Council could approve the proposals as soon as possible.

Mr Yu also hoped that after the new scheme had been implemented, the banks would respond positively, so more SMEs could benefit from the scheme to get through this difficult time.

Ends