Lin Yongde, Managing Director and Director of Corporate and Institutional Banking of DBS Hong Kong, said that after customs clearance, the retail and tourism markets were boosted and borrowing demand began to rise, but it was not very obvious, as borrowing costs rose during the US interest rate hike cycle. It is believed that it will take some time to fully recover, hoping to see a single-digit increase in Hong Kong loan figures for the whole year.

In addition, DBS BusinessClass, the SME community platform of DBS Bank, will hold Hong Kong's first SME-led digital art exhibition from March 16 to 18.

Lin Yongde said that he hoped to show the possibility of digitization in promoting business through this exhibition, and hoped that after customs clearance, through the bank's network and digital capabilities in Asia, SMEs in the Greater Bay region could help them enter overseas markets such as Southeast Asia.