News Daily

The Times

News from Asia

  • Written by Media Outreach
HONG KONG SAR – Media OutReach Newswire – 4 September 2026 – Ping An Digital Bank (International) Limited (“Ping An Digital Bank”) has launched Purchase Order Financing product that specifically designed for cross-border e-commerce businesses, becoming the first digital bank in Hong Kong to offer dedicated factoring financing solution to export cross-border e-commerce merchants. Requiring no traditional collateral, eligible businesses can obtain financing of up to 95% of their accounts receivable based on eligible invoices, meeting their operational needs and enabling SMEs to take an important step toward global expansion.

Mr. Thomas Tung, Chief Business OfficerofPing An Digital Bank, said, “As the Hong Kong’s first digital bank dedicated to SMEs, Ping An Digital Bank has always been committed to supporting businesses and driving transformation in the trade finance ecosystem through financial technology. By harnessing years of experience in exploring the potential of commercial data, and combining multidimensional data spanning trade and finance, we have redefined the credit assessment process to effectively resolve financing bottlenecks for businesses. The launch of Purchase Order Financing seamlessly integrates credit insurance with risk management, providing cross-border e-commerce merchants with more efficient and flexible liquidity support. Moving forward, we will continue to leverage our fintech prowess and synergistic financial services to help SMEs capture global cross-border trade opportunities, serving as a reliable backer for cross-border trading enterprises.”

Ping An Digital Bank’s Purchase Order Financing is designed specifically for cross-border e-commerce businesses operating on open-account payment term With just eligible invoices, businesses can apply for financing with a ratio of up to 95% of accounts receivable, up to USD 5 million and a repayment period of up to 120 days. To address the urgent cash flow needs of cross-border e-commerce businesses, the approval and drawdown process can be completed as fast as T+1 business day. Unlike traditional approaches that rely on financial statements and collateral, Ping An Digital Bank innovatively utilises real-time sales data from cross-border buyers to gain insights into clients’ actual operational performance, thereby breaking through the cumbersome constraints of traditional credit assessment. The product architecture directly aligns with supply chain liquidity needs, empowering clients to deploy capital with flexibility and mitigate cash flow pressures with ease.

Looking ahead, Ping An Digital Bank will continue to deepen the application of data analytics and financial technology, driving product innovation to empower trade businesses to achieve digital transformation and business upgrades. The Bank remains dedicated to refining its one-stop digital financial ecosystem, spanning business account opening, foreign exchange transactions, cross-border settlement, and flexible credit facilities—delivering holistic support for enterprise operational challenges, facilitating global expansion, and acting as a dedicated and trusted partner for SMEs growing on the international stage.

Hashtag: #平安數字銀行 #PingAnDB #採購貿易融資 #PurchaseOrderFinancing

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 customer in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s comprehensive financial platform in Hong Kong.

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

Read more

Split Corrugated Conduit for Flexible Cable Protection

For wiring assemblies in vehicles, machinery and equipment, choosing suitable cable protection helps keep cables organised and reduces direct contact with surrounding parts. Mojak Plastics supplies plastic tubing and conduit options for different installation needs, and split corrugated conduit can... Read more

Trailers Melbourne Buyers Can Compare: When Box Trailers Make Sense

For many homeowners, businesses and tradespeople, trailers Melbourne customers use every week need to be versatile enough for changing loads. A box trailer can be particularly useful because its enclosed sides help contain cargo while providing a straightforward loading area... Read more

Bottle Label Printing That Balances Design and Readability

Product labels need to attract attention while making information easy to find and understand. On a bottle, the available space may be limited by the container’s shape, so every design decision matters. Bottle label printing should account for visual hierarchy... Read more

Office Cleaning Melbourne: Planning a Consistent Workplace Routine

Businesses looking for office cleaning Melbourne need a plan that reflects the way their workplace operates. A clean office supports day-to-day organisation, helps shared spaces remain presentable and gives employees and visitors a more orderly environment. Eco Green Cleaning Management... Read more

Pinboard Solutions for Offices, Schools and Shared Information Spaces

Why a Pinboard Remains Useful A pinboard provides a simple way to display information that needs to remain visible without being rewritten. Lawdex supplies fabric and cork options for offices, schools, staff areas and other environments. A pinboard can be used... Read more

Retractable Hose Reel: A Practical Guide To Choosing The Right Hose Storage

A retractable hose reel can make hose storage more organised, accessible and practical in workshops, commercial facilities, service areas and other working environments. Instead of leaving a hose coiled across the floor or requiring staff to manually wind it after... Read more