Hang Seng Bank joins Hong Kong Jockey Club's financial literacy project

The project will cover 4,200 families in transitional housing areas.

Hang Seng Bank has joined the Hong Kong Jockey Club's JC Project Lift, which aims to enhance the financial literacy of families in transitional housing.

In a statement, Hang Seng said around 4,200 households in 25 transitional housing areas will participate in the project. The bank will assist them in setting up their accounts through digital banking and activation of the mobile platform.

Hang Seng developed a two-year savings plan with preferential interest rates of up to 6% per annum. It will also conduct financial literacy activities to deepen participants’ financial planning and protection knowledge.

“We are thrilled to partner with The Hong Kong Jockey Club in JC PROJECT LIFT, where Hang Seng Bank can uniquely contribute. By leveraging our services and expertise, we aim to help families in transitional housing develop positive saving habits and achieve self-sufficient financial management,” said Rannie Lee, head of wealth and personal banking at Hang Seng.

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