Hong Kong
BEA raises standards savings rate to 0.875%
Its HK dollar prime rate has been increased to 6.125% per annum.
BEA raises standards savings rate to 0.875%
Its HK dollar prime rate has been increased to 6.125% per annum.
Bank of China (Hong Kong) adjusts HKD prime rate to 5.875%
The savings deposit rate will also be adjusted to 0.875% for accounts with a $5,000 balance and above.
Standard Chartered: We’re here for good
The bank’s initiatives align with its vision for a sustainable future.
Hang Seng expands remote account opening service to HK companies with mainland shareholders
The e-Sign service can also now be used to provide signatures for loan documents.
Bank of East Asia extends Sheung Shui Branch hours to seven days a week
Its Tsim Sha Tsui and Shatin Plaza branches have reverted to regular business hours.
DBS Hong Kong to keep sound asset quality: Moody's
It is expected the bank will keep stable asset quality.
BOCHK warns of fraudulent website
BOCHK said that it has no connection to pulsboc(dot)com.
ZA Bank welcomes deposit protection hike
Raising the limit will increases awareness and trust in virtual banks, ZA Bank said.
Hong Kong mulls raising deposit protection limit to HK$800,000
The number of depositors fully protected will rise to 92%.
Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller
Hang Seng reveals three new service and operational solutions.
Hang Seng Bank, Chubb ink 15-year bancassurance partnership
A lucky draw quiz will be open to commemorate the partnership.
J.P. Morgan appoints leaders for APAC commercial banking
These appointments will take effect on 1 August.
Business grads from HK pick J.P. Morgan and HSBC as most attractive employers
Students prefer companies with a “friendly working environment."
Visa offers tap-to-pay for Hong Kong tram commuters
Commuters can now tap-to-pay their tram fares in Hong Kong
Dah Sing Bank, YOOV partner for easy SME loan application
SME loan applications and approvals will be simplified.
Approved mortgage loans soar 20.3% MoM in May
The increase was likely due to the uptick in applications during the same month.
Chart of the Week: Hong Kong’s card payments market to grow 4.8% in 2023
Growth of e-commerce will spur card payments’ growth even further.
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