Read The Times Australia

Daily Bulletin

Ping An Digital Bank Deepens Trade Finance to Serve the Real Economy with Financial Services

Expanding Financing Scenarios and Leveraging Alternative Data for Efficient Credit Approval, Pioneering Trade SMEs to Set Sail Globally as their Preferred Banking Partner

HONG KONG SAR – Media OutReach Newswire – 21 October 2026 – Ping An Digital Bank (International) Limited ("Ping An Digital Bank" / "Bank") remains steadfast in its commitment to trade SMEs, empowering the real economy through financial services and striving to become the premier banking partner for trade SMEs expanding overseas.

To provide more comprehensive support for enterprises, Ping An Digital Bank is expanding its trade finance portfolio by launching Receivables Financing and Invoice Financing. The dual-track approach, powered by alternative data, enables streamlined credit assessments and facilitates one-stop platform loan disbursements in as fast as one day. The initiatives provide SMEs with robust support at every critical juncture of their trade lifecycle, championing their ascent to the international stage and unlocking vast global business opportunities.

Mr. Terry Tam, Head of Business Banking at Ping An Digital Bank, said, "Since its inception, Ping An Digital Bank has been a trusted partner for SMEs as they scale and venture overseas. As Hong Kong's first digital bank to utilise alternative data for credit assessment, we have consistently broken down financing barriers for SMEs, providing tailored unsecured loans for trading enterprises to resolve business pain points at their root. The launch of these trade finance solutions marks a significant milestone in building a fully integrated trade finance ecosystem. Leveraging our fintech advantages and deep expertise, we hope to continue playing a leading role and strive to become the preferred bank for trading SMEs going global, assisting them in resolving funding pain points, and steadily expanding into broader international markets."

Curated specifically for trading enterprises, these newly launched trade finance solutions offer flexible revolving credit facilities of up to HK$50 million, aligning seamlessly with every phase of the trade lifecycle. Among them, Receivables Finance is designed specifically for exporters, enabling them to obtain early liquidity against pending sales receivables simply by submitting commercial invoices and bills of lading. Invoice Financing addresses the procurement needs of importers. Approved financing amounts are paid directly into the supplier's account, thereby streamlining cumbersome procedures, and offers flexible repayment terms of 3 to 6 months to alleviate upfront capital pressure. Furthermore, all drawdown processes are centralised on a single digital platform, allowing funds to be accessible in as fast as 1 business day.

Ping An Digital Bank stands as a steadfast partner for trading SMEs in their global expansion, providing strong support across key stages of the trade lifecycle with full-chain financing solutions. In addition to the newly introduced Receivables Finance and Invoice Financing for importers and exporters, the Bank provides Purchase Order Financing for cross-border e-commerce procurement, as well as Cross-border e-Commerce Revolving Loan for flexible cash flow management. As a market leader in alternative data applications, Ping An Digital Bank replaces traditional, tedious bank statement reviews with real-time operational data. This data-driven approach offers a deeper, more accurate picture of an SME's actual business performance, allowing for fast, highly efficient credit approvals. Precise application of alternative data and effective leverage of fintech enable Ping An Digital Bank to offer exclusive unsecured loan for SME customers of Tradelink. By replacing financial statements with customs declarations and trade data, the "Trade-Connect Loan" requires no document submission for credit assessment, truly streamlining cumbersome loan approval procedures to benefit trade SMEs and empower enterprises through financial technology.

Moving forward, Ping An Digital Bank will continue to uphold the mission 'Always with You. Always Ahead.' Leveraging our forward-looking fintech capabilities, we offer an all-in-one digital banking experience spanning account opening, currency exchange, cross-border remittance, and flexible lending. We are committed to exploring the potential of the alternative data and transforming technological innovation into sustainable growth for SMEs, striving to be their most reliable partner on the global stage.

Hashtag: #平安數字銀行 #PingAnDB #商業銀行 #BusinessBanking #中小企 #SME #應收賬融資 #ReceivablesFinancing #發票融資 #InvoiceFinancing

The issuer is solely responsible for the content of this announcement.

Ping An Digital Bank

Ping An Digital Bank (International) Limited ("Ping An Digital Bank," "PingAnDB") is a wholly-owned subsidiary of Lufax Holding Ltd ("Lufax") (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. ("Ping An") (SEHK: 2318; SSE: 601318). Ping An Digital Bank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer retail banking and business banking services. Backed by Ping An's advanced technology, Ping An Digital Bank is elevating banking experience, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group's integrated financial platform in Hong Kong.

Business News

How Businesses Can Prepare for Unexpected Power Outages

Power failures can occur quickly. The supply may be interrupted by bad weather, issues with the electricity network, damaged equipment or local construction work. This can be just a hassle for a fam...

Daily Bulletin - avatar Daily Bulletin

How Chatswood Tutoring Can Fit Into a Student’s Weekly Routine

Create a Predictable Weekly Structure A consistent weekly routine can make study easier to manage when students are balancing several subjects. Chatswood tutoring can provide a fixed learning point a...

Daily Bulletin - avatar Daily Bulletin

The Rise of Digital Marketplaces in the Australian Trade Sector

For decades, the Australian trade and construction sector operated almost entirely on word-of-mouth recommendations and local community networks. Small business owners typically relied on local newspa...

Daily Bulletin - avatar Daily Bulletin

How Immigration Lawyers Can Help

Introduction Visa decisions can shape employment, family life, study plans, travel, and future residence. A small omission can lead to delay, added expense, or refusal. Immigration lawyers assess l...

Daily Bulletin - avatar Daily Bulletin

How Industrial Drying Equipment Supports Efficient Processing

Many industrial processes require moisture to be removed from compressed air, products or process materials before they move to the next stage. Excess moisture can affect equipment performance, produc...

Daily Bulletin - avatar Daily Bulletin

Practical Ways a Whiteboard Can Improve Workplace Communication

Effective communication helps teams stay organised, share ideas and keep track of important information. While digital tools are now common in many workplaces, a whiteboard continues to provide a simp...

Daily Bulletin - avatar Daily Bulletin

Designing Eco-Friendly Custom Water Bottles for Your Next Event

The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...

Daily Bulletin - avatar Daily Bulletin

Why Choosing a Professional Florist Melbourne Makes Flower Delivery Impactful

Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...

Daily Bulletin - avatar Daily Bulletin

The Business Case for Choosing Australian Fabricators Over Imported Alternatives

For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Small Acts, Big Impact: How Australians Can Give Back to Their Communities

There is a common belief that giving back requires either a lot of money or a lot of time. Big chequ...

The Lost Art of Saying Thank You and Why It Still Matters

Somewhere between the arrival of email and the rise of the reaction emoji, the humble thank you shra...

How Non-Competitive Sports Programs Benefit Early Childhood Development

Australia is known globally as a sporting nation, yet recent statistics paint a surprisingly differe...

The Hidden Health Impacts of Digital Screens on Developing Eyes

Modern Australian childhood is undeniably intertwined with technology. From educational tablets in p...

GRC Consulting and Cyber Security Consulting for Businesses

Businesses face risks such as ransomware attacks, data breaches, violations of regulatory standards ...

How to Set a Budget Before Bidding at Auction

Placing a bid at an online art auction is an exciting way to discover rare paintings, home content...

Does a Modern James Bond Exist?

Image Credit: MysteryShot What the Movies Get Right About Private Investigators There are a few mov...

How Australian Businesses Can Effectively Manage Tax Audits and Disputes

Managing a small business in Australia is inherently challenging, but recent shifts in regulatory ...

From Coastal Calm to Classic Comfort: The Right Carpet for Every Style of Home

Carpet is often chosen near the end of a room makeover, after the walls, furniture, and lighting h...