The Bank is a participating bank of the Interbank Debt Relief Plan (IDRP).

The Interbank Debt Relief Plan is a framework developed by the Hong Kong Association of Banks and other institutions to make debt relief solutions for individuals involving debts at multiple financial institutions easier and more cost-effective. If you are experiencing financial difficulties and have outstanding debts with multiple financial institutions, you may consider restructuring your debts through this plan. This plan can help debtors to achieve:

• Debt Restructuring: Debtors only need to negotiate an overall repayment plan and terms with one lead financial institution.

• Simplified Repayment: Multiple debts are combined into a single monthly instalment, which the debtor only needs to repay to one lead financial institution.

• Reduced Risk: Avoid action from collection agents, wage garnishments, legal actions or bankruptcy, and reduce negative impacts in the future.

• Credit Rebuilding: Get back on track towards financial stability and rebuild a positive credit track record through timely repayments.

If you encounter financial difficulties, you may contact our staff to learn more about the plan details and arrangements.