Solutions for mitigating risks

Alex Lam, CEO of Centre Solutions (Asia)discusses his firm''s recent deals and its innovative approach to business.

FA You recently launched a mortgage insurance programme with Standard Chartered for 90% financing of equitable mortgages. What was the thinking behind the deal

Lam There is clearly a demand for a product like this in the Hong Kong market. You have a situation where mortgage financing has been a very safe and attractive business for banks. Banks have been able to charge high spreads and offer low loan to value financing. But with the introduction of the HKMC...

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