{"id":54953,"date":"2017-05-16T15:00:51","date_gmt":"2017-05-16T08:00:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tighter-bank-credit-means-business-for-money-lenders\/"},"modified":"2017-05-16T15:09:32","modified_gmt":"2017-05-16T08:09:32","slug":"tighter-bank-credit-means-business-for-money-lenders","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tighter-bank-credit-means-business-for-money-lenders\/","title":{"rendered":"Tighter bank credit means business for money lenders"},"content":{"rendered":"


\nThe Hong Kong banking regulator\u2019s move to dampen developers from providing generous mortgage schemes has created new business opportunities for non-banking institutions and money lenders.
\nEgo Finance, one of the major finance companies in Hong Kong, said the new measures would generate more business opportunities for money lenders. With nearly 2,000 new units to come on stream for pre-sale, there is without doubt, a demand for loans.
\n\u201cHome seekers still need to source financing when…
\n
\nSource : South China Morning Post
\nRead more…Tighter bank credit means business for money lenders<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong banking regulator\u2019s move to dampen developers from providing generous mortgage schemes has...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-54953","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eil","jetpack-related-posts":[{"id":19084,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banking-on-a-mortgage-what-do-lenders-require-for-an-application-to-be-successful\/","url_meta":{"origin":54953,"position":0},"title":"Banking on a mortgage? What do lenders require for an application to be successful?","date":"July 8, 2016","format":false,"excerpt":"\r Yip King-keung is the founder of Hong Kong Mortgage Consultants. He talks about what banks consider as key requirements in a mortgage loan application.\r \r Source : South China Morning Post\r Read more...Banking on a mortgage? What do lenders require for an application to be successful?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-resolves-debt-dispute-with-guangfa-bank-after-hong-kong-lenders-withdrew-mortgage-loans-to-its-apartment-buyers\/","url_meta":{"origin":54953,"position":1},"title":"Evergrande resolves debt dispute with Guangfa Bank after Hong Kong lenders withdrew mortgage loans to its apartment buyers","date":"July 22, 2021","format":false,"excerpt":"\r Heavily indebted developer China Evergrande said on Thursday that it resolved a dispute with a bank creditor that led to 132 million yuan (US$20 million) in its assets being frozen this month.The Shenzhen-based company said it maintained a \u201ccooperative relationship\u201d with China Guangfa Bank and had resolved its dispute\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60284,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/in-the-shadows-hong-kongs-mortgage-lenders-doing-booming-business\/","url_meta":{"origin":54953,"position":2},"title":"In the shadows: Hong Kong's mortgage lenders doing booming business","date":"July 10, 2017","format":false,"excerpt":"\r With traditional financing drying up in Hong Kong and high property prices, home buyers are looking to non-bank lenders.\r \r Source : cnbc.com\r Read more...In the shadows: Hong Kong's mortgage lenders doing booming business","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122043,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-bochk-among-lenders-staying-away-from-kwai-hungs-mangrove-project-amid-caution-around-mortgage-lending\/","url_meta":{"origin":54953,"position":3},"title":"HSBC, BOCHK among lenders staying away from Kwai Hung\u2019s Mangrove project amid caution around mortgage lending","date":"September 17, 2021","format":false,"excerpt":"\r Hong Kong banks are becoming more cautious in their mortgage lending, particularly for incomplete projects built by smaller developers.HSBC, Bank of China (Hong Kong), Hang Seng Bank, Bank of East Asia (BEA) and Standard Chartered are among lenders that have stayed away from mortgages for uncompleted units at Kwai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135601,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-raises-base-rate-by-quarter-point-amid-feds-belief-that-it-can-quell-inflation-without-deepening-a-us-banking-crisis\/","url_meta":{"origin":54953,"position":4},"title":"Hong Kong raises base rate by quarter point amid Fed\u2019s belief that it can quell inflation without deepening a US banking crisis","date":"March 23, 2023","format":false,"excerpt":"\r A rising rate cycle underscored the imperatives of fighting inflation, and the confidence that the move would not deepen the banking crisis that is developing among midsize lenders.\r \r Source : South China Morning Post\r Read more...Hong Kong raises base rate by quarter point amid Fed\u2019s belief that it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135694,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tycoon-chen-hongtian-has-hong-kong-property-that-includes-peak-house-seized-by-lenders\/","url_meta":{"origin":54953,"position":5},"title":"Chinese tycoon Chen Hongtian has Hong Kong property that includes Peak house seized by lenders","date":"March 30, 2023","format":false,"excerpt":"\r Chen was the talk of the town in Hong Kong for purchasing the house on The Peak for a record price of HK$2.1 billion in 2016.\r \r Source : South China Morning Post\r Read more...Chinese tycoon Chen Hongtian has Hong Kong property that includes Peak house seized by lenders","rel":"","context":"In "Property 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