Hong Kong to cut capital charges on loans to Northern Metropolis university towns
Hong Kong’s de facto central bank plans to introduce legislative amendments in the first quarter of next year to lower the capital costs for banks lending to local tertiary institutions, in a bid to speed up development of the university towns in the Northern Metropolis. Under the proposed changes to the Banking (Capital) Rules, the Hong Kong Monetary Authority (HKMA) will designate 11…
We haven't written up this one. South China Morning Post - Hong Kong has the full story — the link below goes straight to it.
