• Saturday
  • August 23, 2014
  • Last updated: 1:06am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 368 for carbon credit

Related topics matching your search

Search results

  1. Mainland firms fear credit crunch

    Posted Jun 06th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com A third of mainland companies surveyed by credit insurer Coface say one of their biggest concerns this year is that many firms may have difficulty getting bank ... slowdown and said credit tightening policies would make access to bank credit harder. Respondents said they expected a slew of company bankruptcies in Wenzhou, Zhejiang province, which, added ...

  2. Non-bank credit growth slips 4.6pc

    Posted Jul 16th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Social financing, a measure of new credit growth, for the first half dropped 4.67 per cent to 7.76 trillion yuan (HK$9.33 trillion) year on year, in what analysts say is proof that tightening measures are beginning to work. The People's Bank of China began measuring total social financing last year to quantify the growth of credit extended ...

  3. Scepticism over Chinese credit growth a hard habit to break

    Posted Jun 01st 2011, 12:00am

    ... questioned the success of the authorities' efforts to slow credit creation, arguing that off-balance-sheet lending by the country's banks disguises the true extent of their activity. ... a large quantity of cold water on each of these sceptical views. First, Qu tackles fears that the authorities are failing to control credit growth. He argues that a combination of mandatory ...

  4. BOCHK tips 1m users for dual-pay credit cards

    Posted May 20th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Bank of China (Hong Kong) said it had opened 725,000 dual-currency credit card accounts by March since launching the service in December 2008. The bank also ... Guangbei, vice-chairman and chief executive of BOCHK. The dual-currency commercial credit card enables yuan and Hong Kong dollar transactions under one account. Transactions conducted ...

  5. HKMA worries easy credit could create asset bubbles

    Posted Jan 28th 2011, 12:00am by Lulu Chen

    ... 'I'm concerned about credit growth,' said Arthur Yuen, deputy chief executive of the HKMA, adding that banks should be prudent in lending. Hong Kong bank lending rose 28.6 per cent last ... up,' said Yuen. The HKMA is worried that excessive credit growth will lead to an asset bubble. It introduced measures in August and November last year to curb mortgage lending, but property ...

  6. Home Credit China wins licence to extend business on the mainland

    Posted Nov 30th 2010, 12:00am by Staff Reporter

    ... Jane Cai in Beijing Home Credit China, a unit of the European financial firm PPF Group, expects business to mushroom over the next two to three years after receiving a licence to tap into the previously legally grey area. After providing small credit loans to household appliance buyers for three years in Guangdong, the company acquired a licence earlier this year from China's banking ...

  7. Fitch warns of credit losses at mainland banks

    Posted May 22nd 2009, 12:00am by Staff Reporter

    ... Natalie Chiu Mainland banks will incur higher credit losses from a sharp increase in exposure to corporates whose profits are on decline, Fitch Ratings has warned. In a special report released yesterday, the credit rating agency said it was growing increasingly wary about the medium-term outlook for mainland banks due to soaring lending in a weak corporate climate. ...

  8. Firms forced to wait for credit card cash

    Posted Oct 27th 2008, 12:00am by Dennis Eng

    ... Dennis Eng Banks are making businesses wait two months to cash in their credit card receipts amid the credit crunch, and industry representatives want more direct government action ... cash-flow problems worse by taking 60 days to make credit card payments to businesses. Previously, this only took a few days. 'Many small businesses tell us that the situation with banks ...

  9. Banks join easy-credit scheme for small firms

    Posted Feb 19th 2009, 12:00am by Chloe Lai

    ... Chloe Lai in Guangzhou Nine major banks yesterday signed a co-operation memorandum with a loan guarantee firm the Guangdong government has set up to ease credit for small and medium-sized enterprises amid the global financial crisis. Under the arrangement, each of the banks will provide an undisclosed quota to the loan guarantee firm, said its operator, Guangdong Finance Investment ...

  10. Credit easing a mixed bag for mainland banks, say analysts

    Posted Nov 28th 2008, 12:00am by Staff Reporter

    ... deposit rate, which will alleviate some margin pressure,' Credit Suisse said in a research note. Citigroup estimates the cuts will narrow net interest margins of six Hong Kong-listed mainland ... the capacity for healthy growth in credit extension, Morgan Stanley said. Citigroup said the lowered borrowing cost for companies and individuals could provide near-term support to credit quality. ...




SCMP.com Account