Retail Banking
190,000 public houses to be completed over next 5 years
190,000 public houses to be completed over next 5 years
About 17,000 private housing units will be built per year over the same period.
HDBank issues $918.71m in green bonds to fund eco-friendly projects
This aligns with the Vietnamese government's goal of carbon neutrality by 2050.
Bank of East Asia taps Bi Ming-qiang as deputy chief executive
He brings 27 years of experience in the banking sector.
Renminbi rise to fuel Bank of China HK’s growth
The lender expects the currency to be used more often in cross-border deals.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
Over 97% of Hong Kongers trust digital banks’ security measures
Digital bank account holders are willing to open more accounts with other digital banks.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
HK-listed Chinese banks deliver 23% higher returns in 8M 2024
Major banks’ plans to distribute interim dividends lifted market sentiment.
Gov’t issues lai-see advisory
Notes exchanges can be done from 25 January to 9 February.
Hong Kong police to initiate anti-scam alerts
This follows the expansion of its scam intervention scheme.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.
Hang Seng names new head of commercial banking
She will take over Donald Lam beginning 14 October.
Foreign currency deposits push Hong Kong deposits to a 1.2% rise in July
Hong Kong dollar deposits dipped, whilst foreign deposits rose.
Hong Kong’s business scholars target top finance employers for work-life balance
Educators at business schools confirm that students’ career priorities have shifted.
Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller
Hang Seng reveals three new service and operational solutions.
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Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong