The Asian Banker Tuesday, 16 July 2024

Hang Seng and HKQAA partner to launch SME green equipment financing platform

5 min read

Hang Seng Bank (Hang Seng) has partnered with the Hong Kong Quality Assurance Agency (HKQAA) to launch the SME green equipment financing assessment platform.

This initiative exclusively provides Hang Seng’s commercial customers with faster and more affordable green equipment financing assessment services.

The SME green equipment financing assessment platform significantly reduces the cost for green equipment financing assessment by over 90%, with assessment fees as low as HKD 12,000 ($1,537). Additionally, the assessment process is simplified and can be completed in as fast as five days, assisting businesses, especially small and medium-sized enterprises (SMEs), in their green transition.

Re-disseminated by The Asian Banker

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