(26 February 2020) The Hong Kong Association of Banks ("HKAB") welcomes the measures announced by the Financial Secretary in his 2020-21 Budget today, especially the relief measures in response to the current outbreak. The HKAB believes these measures will provide effective and timely support to businesses and the community. Having already introduced various financial support initiatives to help customers through this trying time, the banking industry is committed to supporting and coordinating with the Government in implementing the measures related to the banking industry. We hope that, through concerted effort from all sectors of society, Hong Kong's economy will recover very soon. 

The Hong Kong Association of Banks
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