Shops shuttered up in Mong Kok, one of Hong Kong’s major retail districts on January 8. Photo: Nora Tam

Coronavirus: HSBC and Standard Chartered among Hong Kong banks to waive fees, cut loan repayments for small businesses, individuals struggling amid outbreak

  • Relief measures follow the financial secretary’s warning that economy could shrink again in 2020 as viral outbreak dents businesses
  • City’s lenders have previously offered large-scale relief measures during the Sars outbreak in 2003 and the Asian financial crisis in 1998
Topic |   Banking & Finance
Shops shuttered up in Mong Kok, one of Hong Kong’s major retail districts on January 8. Photo: Nora Tam
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