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Hong Kong banks rally to support clients affected by Coronovirus

News Team, 11/02/2020

Standard Chartered Bank (Hong Kong) is launching a series of relief measures to help ease the financial burden of those affected by the coronavirus outbreak.

The bank has said in a statement that it is allowing clients in Hong Kong with good repayment histories to make six months of interest-only mortgage payments, and will offer a similar moratorium on principal payments for some commercial loans.

In addition, the bank will waive the credit card late charge fees by refunding clients w...


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