Banks and philanthropists rush to aid Tai Po fire victims

Photo by Katt YuKawa on Unsplash

Hong Kong’s banks, foundations, and business leaders are rolling out rapid relief measures following the deadly fire at Wang Fuk Court in Tai Po, which left 146 dead, many still missing, and hundreds displaced. The Hong Kong Monetary Authority and the Hong Kong Association of Banks have urged lenders to support fire-affected residents by providing flexible repayment options, waiving fees,…

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