Hang Seng Bank
Hang Seng Bank provides customer- centric banking, investment and wealth management services for individuals and businesses.
See below for the Latest Hang Seng Bank News, Analysis, Profit Results, Share Price Information, and Commentary.
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Earnings per share is HK$9.33; whilst total dividend is HK$6.8.
Hang Seng enhances dementia-friendly services in branches
Each of its branches now has a trained dementia-friendly ambassador.
Rich Hong Kong families focus on savings but lack strong plans: survey
These families set a savings goal of $18m, which includes retirement planning and medical insurance, amongst others.
Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct
It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.
Hang Seng Bank, CityUHK launch tech innovation programme
It will focus on three key areas.
Hang Seng Insurance to benefit from parental ties
It is expected to penetrate its parent’s client base further.
Hang Seng Invest, SAB Invest launch ETF
The ETF will debut on the Saudi Exchange on 31 October 2024.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
Foreign trade outlook dims amidst economic and geopolitical concerns: report
Hang Seng Bank forecasts a 2.8% market expansion for 2024.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
Hang Seng Bank reduces lending rate, deposit rates
Its prime lending rate and deposit rates are now 25 basis points lower.
Hang Seng Bank taps Derek Ngai as new head of audit
Ngai was head of audit for Hong Kong and Macau at HSBC.
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Net interest income and net operating income both rose.
Breadwinners burdened with finances of 3 dependents on average
Over 1 in 2 respondents manages the finances of spouses and parents/ in-laws.
Breadwinners support at least 3 relatives financially: survey
Breadwinners support spouses/partners, parents/in-laws, and children.
Hang Seng Bank launches $80b green financing solutions fund
The bank also launched green assessment and knowledge advocacy programmes.
Hang Seng Bank maintains HKD lending and savings rate
The lending rate is still 5.875% per annum.
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