1. HK- 2 company(U right and Tai Lam) bankrupt, Dong Guan, China (Smart Union) many toys' manufacturing company bankrupt due to world financial crisis. It is expected that many unemployed workers.
So many small and medium enterprise facing financial crisis due to bank strict loan rule.
"We guarantee deposits in the bank, so they get more even in spread in term of deposit and at the same time, they give them liquidity so that they can lend to the small and medium size industries. This is exactly what we are trying to do. "
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