ZA Bank

ZA Bank is one of the first virtual banks in Hong Kong. It was first license by the Hong Kong Monetary Authority on 27 March 2019. It officially opened its virtual doors to the public on 24 March 2020 and is one of the first fully-operating virtual bank in Hong Kong. See below for the Latest ZA Bank News, Analysis, Profit Results, Share Price Information, and Commentary

Hong Kong’s ZA Bank offers crypto trading services to retail users

Global crypto market capitalization has surged 90% to over US$2.3t.

Hong Kong’s ZA Bank offers crypto trading services to retail users

Global crypto market capitalization has surged 90% to over US$2.3t.

ZA Bank commences pilot for virtual asset trading service

Three in four Hong Kong investors are interested in investing in cryptocurrency.

ZA Bank debuts business banking referral programme

Users can invite companies to register and get a HK$288 cash reward.

ZA narrows net loss, sees 46% net revenue rise in H1 

Total assets and net interest margin grew during the first half of 2024.

ZA Bank cuts installment loan interest rate

Applicants get a cash reward of up to $188.6 until 30 September.

HKMA rules out new virtual banking licenses

Competition is keen in the market and enquiries have declined.

ZA Bank rolls out reserve banking services to stablecoin issuers

It has on boarded RD InnoTech and is onboarding 10 other issuers.

Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers 

The bank has surpassed $1b in transfer turnover to Web3 clients.

ZA Bank rolls out tax loan, offers cash rewards

Even unsuccessful loan applicants can receive a reward.

Hong Kong’s ZA Bank to roll out US stock trading services

The Hong Kong SFC has lifted previous conditions to the bank's securities license.

1 in 2 Hongkongers hold ‘favorable’ views of virtual-only banks: study

45% have neobank accounts, and another 30% looks to sign-up over the next 3 months.

Hong Kong’s ZA Bank floats virtual asset trading services

The virtual bank also mulls launching US stock trading services in due course. 

ZA Bank names former chief executive of rival virtual bank as new CEO

Ronald Iu joined ZA Bank’s parent ZA International in February 2022.

Hong Kong’s ZA Bank launches debt consolidation program Debt Changer

Users can defer payment for a month for every 12 month tenor they take.