Frances Gagua
Hong Kong banks reminded they may engage with virtual asset entities: central bank
Hong Kong banks reminded they may engage with virtual asset entities: central bank
There have been more comments from foreign firms on the difficulties of opening a bank account.
Mox Bank hit HK$170m operating income in 2022
The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.
Hong Kong’s livi bank records HK$17m operating income
Its loan balance has surpassed HK$1.3b as of end 2022.
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
AIA Hong Kong launches CarePass for high-end customers
They can access one-stop integrated oncology treatments, amongst others.
Savills pioneers next-level virtual property tours in Hong Kong
Clients viewing 3D interactive models can see the whole property, tenants, and community.
Hong Kong’s Fusion Bank launches investment services
They can use the services for a subscription fee of as low as HK$10 or US$1.
Bank of China HK’s prime, savings deposit rate unchanged
Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.
Hong Kong government issues first tokenised green bond
HKMA issued HKD tokens, which were exchanged for fiat money provided by banks.
Hong Kong’s Fusion Bank launches business banking services for SMEs
Until 31 December, new customers may be exempt from account opening fees.
DBS’ Lareina Wang on why role models matter to women in banking
Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.
HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders
They can now ship at Watsons, PARKnShop, and Fortress with their RewardCash.
Bank of East Asia launches Mainland account opening service for Hong Kong residents
The service is offered in 15 designated BEA branches across Hong Kong.
Citi Hong Kong to buy 106.4 million kWh renewable-sourced electricity
The deal is estimated to reduce carbon emissions by 41,496 tonnes.
HSBC welcomes Hong Kong’s HK$100m bid to attract family office
Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025.
Hang Seng Bank’s profits down 27% to HK$10.16b in 2022
The bank has announced a fourth interim dividend of HK$2 per share.
Commentary
Strategic location tips for playgroups and education centres