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PAObank Rolls out Cross-Border E-Commerce Revolving Loan
PAObank, a wholly-owned subsidiary of LUFAX (06623.HK), announced its partnership with MyBooster to leverage commercial data for credit assessments and provide more flexible and co...
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PAObank Rolls out Cross-Border E-Commerce Revolving Loan
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PAObank, a wholly-owned subsidiary of LUFAX (06623.HK)  -0.100 (-1.010%)   , announced its partnership with MyBooster to leverage commercial data for credit assessments and provide more flexible and convenient financing options for Hong Kong SMEs.

Through this partnership, PAObank launched the "Cross-border E-commerce Revolving Loan", with a loan amount of up to US$5 million, to support SMEs in developing the e-commerce market.
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