Ping An Digital Bank Launches New Trade Finance Solutions for SMEs

Ping An Digital Bank (International) Limited, a subsidiary of Lufax Holding Ltd, has launched new trade finance solutions aimed at small and medium-sized enterprises (SMEs). These solutions include revolving credit facilities of up to HK$50 million and a Receivables Finance option that enables exporters to access early liquidity. The bank focuses on using alternative data for credit assessments to assist SMEs in overcoming financing challenges and expanding their international reach.