Thomas Tsui, assistant general manager and head of business banking at Hang Seng, says the bankÆs enhanced service will give customers access to loans of up to HK$2 million without the need for collateral.
Applications for trade finance services will now be completed within 48 hours. Customers can also make use of the bankÆs online trade facility to apply for finance and assess their financial needs by using the calculator.
Hang Seng has established 17 trade document collection points in Hong Kong. And it has set up similar collection points at the bank's branches in Guangzhou, Shenzhen and Dongguan, to provide greater convenience for Hong Kong customers who have trade operations in mainland China.
A trade services team offers advice to customers who wish to discuss their trade-related needs. Customers can also enroll online to attend free seminars on trade-related topics.