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Fusion Bank, WeBank Disburses 1st Loan w/ Information Verified via SZ-HK Cross-boundary Data Validation Platform
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Fusion Bank, a joint venture between TENCENT (00700.HK), ICBC Asia, HKEX (00388.HK), Hillhouse Capital and Adrian Cheng, NEW WORLD DEV (00017.HK)'s Non-executive Vice-chairman, announced the launch of “WeBank-Fusion Overseas Loan”, an unsecured loan solution based on Fusion Bank's commercial loans and tailored to the needs of the Hong Kong branches or affiliated corporations of WeBank's existing small and micro enterprise, in collaboration with WeBank, its strategic partner in China. Recently, Fusion Bank and WeBank have successfully granted the first commercial loan to a Hong Kong-incorporated cross-border logistics service provider after completing cross-border credit information verification through the Shenzhen-Hong Kong cross-boundary data validation platform. AAStocks Financial News |
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