In light of the ongoing impact of the COVID-19 outbreak on economic activities and the cash flow difficulties faced by some corporates, as per announcement by the HKMA, the Pre-approved Principal Payment Holiday Scheme (“The Scheme”) has been extended for a further six months to April 2021. Repayment of all loan principal payments of eligible customers falling due between 1 November 2020 and 30 April 2021 can be deferred.

Eligible customers (corporate borrowers) need to fulfil the following requirements: 

• On an entity basis, an annual sales turnover of HK$800 million or less, based on their latest financial statements;
• No outstanding loan payments payable to ORIX which  is overdue for more than 30 days as of 1 November 2020; and
• Not in the process of ceasing operations or declaring bankruptcy or liquidation.

Corporate customers in need of relief are requested to contact ORIX on or before 16 October 2020 (Friday).  If you have any question, please contact your Account Officer or dial our designated hotline as below.

Enquiry hotline: 2862 9200
Deadline: 16 October 2020 (Friday)

Remarks:
1. Syndicated loans and loans financing the purchase of shares and other financial assets are not covered by the Scheme.
2. The Scheme is subject to detailed terms and conditions.
3. In case of any dispute, ORIX reserves the right of final decision and interpretation.

To borrow or not to borrow? Borrow only if you can repay!