Search Results for "sme"
US Treasury to Increase DeFi Regulation
The US Treasury conducted a risk assessment of DeFi, finding it lacking in AML/CFT compliance, and reported money laundering, scammers, and North Korean hackers benefiting from the sector. The Treasury response to Biden's executive order suggests more regulation for DeFi, including compliance with the Bank Secrecy Act.
Fortune Business Insights: Blockchain-as-a-Service Market to Skyrocket to $24 Billion by 2027
Fortune Business Insights, a leading publisher of market research reports, has revealed that the blockchain-as-a-service (BaaS) sector will escalate to $24.94 billion by 2027 from $1.9 billion recorded in 2019, representing a compound annual growth rate (CAGR) of 39.5%. This uptrend will be fueled by small and medium enterprises (SMEs) as they are viewing blockchain technology as an optimal solution for the numerous challenges they face, like access to bank loans, trade financing, and cash flow difficulties.
Global Supply Chain Financing: A New Era of Resilience and Diversification
Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.
HKMA Hosts Seminar on Banking Sector Support for SMEs
The HKMA, along with key banking associations, hosted a seminar to discuss support measures for SMEs, benefiting around 7,000 businesses with over HK$15 billion in credit.
Hong Kong Monetary Authority Reports Stable Credit Conditions for SMEs in Q2 2024
The HKMA's survey indicates stable credit conditions for SMEs in Q2 2024, with a slight increase in positive perceptions.
HKMA and HKAB Establish Joint Taskforce to Bolster SME Lending
The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) have formed a joint taskforce to enhance SME lending support.
Hong Kong Monetary Authority and HKAB Hold Inaugural Taskforce Meeting on SME Lending
The HKMA and HKAB's joint Taskforce on SME Lending held its inaugural meeting to address SME financing challenges and strengthen communication with the commercial sector.
Hong Kong Enhances SME Financing Guarantee Scheme Amid Economic Challenges
The Hong Kong Monetary Authority announces enhancements to the SME Financing Guarantee Scheme, offering extended loan guarantee periods and new repayment options to support businesses.
Enhancements to Hong Kong's SME Financing Guarantee Scheme Announced
The Hong Kong Monetary Authority announces enhancements to the SME Financing Guarantee Scheme, including a 12-month principal moratorium and extended loan guarantee periods.
HKMA Reports Stable Credit Conditions for SMEs in Q4 2024
The Hong Kong Monetary Authority's survey indicates that SMEs experienced broadly stable credit conditions in Q4 2024, with minor changes in credit approval perceptions.
HKMA Reports Stable Credit Conditions for SMEs in Q1 2025
The Hong Kong Monetary Authority's survey revealed stable credit conditions for SMEs in Q1 2025, with a slight improvement in credit approval perceptions.
HKMA Reports Stable Credit Conditions for Hong Kong SMEs in Q2 2025
The Hong Kong Monetary Authority's survey reveals stable credit conditions for SMEs in Q2 2025, with a slight decline in perceived ease of credit approval.