KT Bank AG’s Post

Are you an entrepreneur and want an update on how to open a bank account in Hong Kong? Then this video is for you! #hongkong #airwallex #currenxie #cantonfair #hkbusiness #hsbc #dbs #bankofchina #ocbc #hangseng

Here is one of the reasons to visit ICBC!

Excellent workshop on Trade Finance

Some 5% more UK businesses have taken advantage of free trade agreements over the past year, according to the latest round of our Going Global for Growth research. And many more international businesses are open to being convinced of the value of trade deals. Download the report now to get all the detail: https://grp.hsbc/6042T0SAs #HSBCUK #GoingGlobalForGrowth #HSBCCommercialBanking #ConfidentlyInternational

Looking for a platform that values your time and resources? Vayana TradeXchange has got you covered! We conduct thorough due diligence and KYC procedures for all buyers and sellers who wish to join our platform. By doing so, we ensure that our financiers don't have to spend valuable time and resources in verifying the customer details. This, in turn, helps reduce acquisition costs and makes the financing process more efficient for everyone involved. So, join Vayana TradeXchange today and experience a seamless and hassle-free financing process. We are excited to be part of Global Trade Review (GTR) Asia 2023 on September 5th and 6th, as well as the FCI 55th Annual Meeting in Morocco from September 17th to 21st. Your invitation to meet up during these events is greatly appreciated. #tradefinance #economicgrowth #businessgrowth #globalmarkets #economicprosperity #investments #crossbordertrade #investmentopportunity #assetmanagement #SMEfinance #exportfinance #exportfactoring #FCI #GTRAsia2023 #InvestmentOpportunities

As the backbone of Hong Kong's economy, small and medium enterprises (SMEs) account for 98% of local enterprises. They are also an important customer segment for banks. To support this vital ecosystem, the HKMA collaborated with the banking sector in establishing the Banking Sector SME Lending Coordination Mechanism. The Coordination Mechanism implemented various SME support measures and banks adopted a sympathetic attitude in handling the financing needs of corporates. As one of the measures, HKMA has set up a one-stop SME information platform to provide information on lending services offered by major banks. See the slides below for details and visit the new platform at: https://lnkd.in/g82aK2ys The HKMA will continue to maintain close communication with The Hong Kong Association of Banks, the Hong Kong Chinese Bankers Association, and the commercial sectors, and will follow up on the implementation of the SME support measures. Learn more about other SME support initiatives at HKMA's inSight here: https://lnkd.in/gRMNCx7A #SMEs #HongKongeconomy #sustainabledevelopment 

This is a very well-written and inspiring message celebrating the HKMA's 30th anniversary! Here are some key strengths: * **Clear focus:** The message clearly emphasizes the HKMA's contributions to Hong Kong's financial stability and international standing. * **Storytelling**: Starting with the humble beginnings and showcasing the journey in the video through personal anecdotes adds a human touch and makes the message engaging. * **Appreciation**: Highlighting the dedication of colleagues past and present fosters a sense of community and gratitude. * **Optimistic outlook**: Expressing excitement for the future demonstrates confidence and inspires hope for further achievements. Here are some minor suggestions for improvement: * **Specificity**: Consider mentioning a few specific milestones or achievements in addition to the overall stability and international recognition. * **Future goals**: Briefly hinting at specific future aspirations could further engage the audience and generate excitement. * **Call to action**: While the message is inspiring, a subtle call to action (e.g., inviting engagement with the video, joining the HKMA journey) could add an interactive element. Overall, this is a fantastic message celebrating the HKMA's 30th anniversary. It effectively conveys the organization's impact, recognizes its history, and expresses optimism for the future. With a few minor tweaks, it can be even more impactful and engaging for the audience.

Yesterday, we were privileged to have an in-depth sharing session with the Nansha Cross-border Credit Promotion Association 南沙區跨境信用促進會 and a member of the GBA Cross-Border Credit Service Alliance 粵港澳跨境信用服務聯盟, Bairong 百融雲創, hosted by 南沙發改局. Key takeaways: 1) Data is a new form of assets highly valued by the Mainland government where the data are commonly traded in licensed data exchanges. In fact, there are 70+ data exchanges in the Mainland. 2) The exciting business opportunities to all #GBA entreprises brought about by the newly introduced "GBA Standard Contract" to implement cross-border information flow across the GBA, a game-changing initiative led by Cyberspace Administration of Guangdong Province 廣東省網信辦, #ITIB and #OGCIO; 3) Hong Kong acts as a strategic platform for Mainland companies to expand overseas 出海 by enhancing the access and credibility of credit info of Mainland companies via exchanges between overseas and Mainland credit agencies, hence accelerating investments, debt financing and trade finance on a global level; 4) 南沙區跨境信用促進會 and its alliance company members, have been developing GBA cross-border credit standards and other facilitating measures to promote the data economy across the GBA cities, including Hong Kong; 5) Last but not least, Nansha has set up a “Going Global” Comprehensive Service Center for China Enterprises 中國企業「走出去」綜合服務基地 where it serves as a strategic platform for Hong Kong to join force in helping Mainland Chinese companies to go global. If you’d like to learn more about the info mentioned above, please contact Peggy Kwok Peggy Kwok, SVP of our #GBA team. Invest Hong Kong Alpha Lau Jimmy Chiang Charles Ng Loretta Lee Alison Tsui Karen Mak Peggy Kwok Terry Chan FintechHK Brian Cook Julia Chan

In an interview with Hubbis, Ivan W K Wong, Region Head North Asia and Chief Executive of UBP Hong Kong, shares how he perceives the potential for growth and opportunities in North Asia. Find out about UBP’s vision to increase its impact in the region by reading the full piece here.

GTR is delighted to reveal its list of GTR Best Deal winners for 2024. Each year, GTR’s editorial team selects the market’s Best Deals from the previous 12 months. The winning deals are chosen from submissions sent to GTR, and feature a mix of #trade, #commodities, #supplychain and #export #finance as well as #fintech innovation transactions. Innovative SCF solutions were a key theme of this year’s Awards, with Citi, Santander and the IFC - International Finance Corporation all involved in programmes that enabled suppliers to secure early payment. One deal supported telecoms infrastructure giant Cellnex Telecom and another the booming e-commerce market. Other winning transactions sought to grow access to trade finance in challenging markets, such as Togo, Benin and Gabon, while an insurance facility helped drive exports from war-torn Ukraine. Two export credit agency-backed transactions, worth billions of euros each and which backed development in the 5G and clean energy sectors, also won awards.                                                                                                    Congratulations to those behind these 10 deals, which were chosen as the top transactions from 2023. View the full write up of each deal in our latest issue of GTR: https://lnkd.in/ejP5dn9Y  #GTRAwards #GTRBestDeals