XN000022-1993-04-16 — Page 7

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FRIDAY, APRIL 16, 1993

ΤΟ PROVIDE EX-GRATIA PAYMENTS TO HAEMOPHILIACS AND OTHERS INFECTED WITH HIV (HUMAN IMMUNODEFICIENCY VIRUS) THROUGH THE TRANSFUSION OF BLOOD AND BLOOD PRODUCTS IN HONG KONG PRIOR TO AUGUST 1985;

ΤΟ AUGMENT EXISTING MEDICAL AND SUPPORT SERVICES FOR HIV- INFECTED PATIENTS; AND

TO PROMOTE COMMUNITY PARTICIPATION IN THE COMBAT AGAINST AIDS AND TO FURTHER EDUCATE THE PUBLIC ABOUT THE DISEASE.

"THE COUNCIL WILL HOLD ITS FIRST MEETING NEXT TUESDAY (APRIL 20) TO DRAW UP THE CRITERIA AND MODUS OPERANDI FOR DISBURSEMENT. DETAILS WILL BE ANNOUNCRD AFTER THE MEETING," THE SPOKESMAN SAID.

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EXPECTED THAT THE FIRST COMPASSIONATE PAYMENTS WILL MADE BY JUNE, HE ADDED.

BE

TWO BANK LICENCES GRANTED

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A GOVERNMENT SPOKESMAN SAID TODAY (FRIDAY) THAT WARDLEY LIMITED AND JARDINE FLEMING AND COMPANY LIMITED HAD EACH BEEN GRANTED A FULL BANKING LICENCE TO CONDUCT BUSINESS.

"WARDLEY AND JARDINE FLEMING WERE INCORPORATED IN HONG KONG MAY 1972 AND JANUARY 1970 RESPECTIVELY, THE SPOKESMAN SAID.

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"BOTH OF THE COMPANIES WERE PREVIOUSLY OPERATING AS RESTRICTED LICENSED BANKS. THEY HAVE BEEN ABLE TO FULLY MEET THE EXISTING CRITERIA FOR THE GRANT OF A BANKING LICENCE.**

HE SAID THE LICENCES FOR WARDLEY AND JARDINE FLEMING WERE THE FIRST TWO BANKING LICENCES GRANTED THIS YEAR.

THIS BRINGS THE NUMBER OF LICENSED BANKS IN HONG KONG TO 166.

"THE CONTINUED INTEREST OF AUTHORISED INSTITUTIONS IN EXPANDING THEIR BUSINESS IN THE TERRITORY IS A REFLECTION OF HONG KONG'S ATTRACTION AS AN INTERNATIONAL FINANCIAL CENTRE, HE ADDED.

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