Hong Kong
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Hang Seng Bank raises prime rate to 5.125%
HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.
How your business can get the most out of the metaverse
From the MTR’s launch of a ‘Web3’ (an internet service using decentralised blockchains) metaverse partnership with The Sandbox platform to K11 MUSEA’s METAVISION NFT showcase on HSBC’s Main Building façade back in June 2022, signs of metaverse are proliferating in our lives, and proliferating fast.
BOC Hong Kong arranges $115.8m green-linked loan for China Overseas Land & Investment
COLI will enjoy savings in borrowing costs should it meet performance targets.
DBS Hong Kong shows off greener branch outfits
The bank is making a statement about the future not through a new product, but with its uniforms.
Citi Hong Kong names Vicky Wong as consumer business manager
She was Standard Chartered’s regional head of wealth management for Greater China, North Asia, and Hong Kong.
Bank of China HK net profits up 6.1% to HK$14.42b in H1
Interim dividend is HK$0.447 per share.
Dah Sing Bank temporarily shutters Mongkok Branch
It will reopen on 31 August.
BEA completes sale of insurance and healthcare business
Both were sold to AIA Group.
DBS Hong Kong grants US$35m green-linked loan to down apparel firm Bosideng
The loan has a one year tenor.
Dah Sing Banking Group’s profits down 1% to HK$1.09b in H1
Property woes in Hong Kong and Mainland China doubled the bank’s credit impairment losses.
Dah Sing Bank temporarily shutters Causeway Bay Branch
It will resume operations on 24 August.
Dah Sing Bank temporarily closes Maritime Square and Tuen Mun branches
Branches will reopen tomorrow, 23 August.
DBS Hong Kong names Betty Lam as managing director, head of HR
Lam had previous served in senior HR positions for HSBC, AIA, and PepsiCo.
DBS Hong Kong unveils fully-digital card loans
Customers can apply for a credit card via the DBS Card+ app.
WeChat Pay now available as payment method in Deliveroo Hong Kong
New users are entitled to an HK$50 voucher for single purchases of HK$100 or more.
DBS appoints Dennis Lam as CEO of DBS Vickers Hong Kong
He was former the deputy head of research in DBS Hong Kong.