Frances Gagua
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Hang Seng Bank’s profits down 30% to HK$6.88b in H1 2025
Fees and other income rose 34% during the period.
Standard Chartered HK automates onboarding processes of SMEs
The solution reduces application turnaround time, the bank said.
Lendela, TransUnion roll out free credit data checking tool in Hong Kong
Hong Kong consumers can check their credit score at no cost.
China CITIC Bank International to launch Payment Connect services
First 1,000 customers to complete transactions worth HK$1,000 can get a rebate.
Hong Kong’s salary increase falls in 2025, but will recover in 2026
The 3.7% increases this year are lower than APAC’s 5.1% average.
HSBC names Airport Authority HK chairman as new board member
Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.
Hong Kong's stablecoins bill brings stricter oversight, opportunity
The digital tokens could support cross-border payments and smart escrow.
OCBC Bank Hong Kong sets up team to support entrepreneurs
OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028
Hong Kong says Chong Sing Heritage Trust an unauthorized bank
The bank does not have authorization to carry a banking business in Hong Kong.
Hong Kong residents use digital bank accounts, but many cite unmet needs
Respondents said digital banks outperform incumbents in account opening promotions.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
PAObank extends 16% rate promo on HKD time deposits to July 31
The first HK$50,000 time deposit will enjoy the promo rate.
AEON Credit Service’s profit up 31.3% to US$13.9m in Q1
Earnings per share is 26.11 HK cents.
Axa Global Healthcare names James Swatton as HK senior distribution leader
Swatton joins from Bupa.
Hong Kong, China launch Payment Connect for faster cross-border payments
Supported services include instant remittance services, amongst others.
Hong Kong to log largest rise in bad loans in APAC in 2025
Banks in Hong Kong and the mainland still face subdued loan demand.
BEA property risks persist but capitalisation, funding offer buffers
Its impaired loan ratio is expected to remain high in 2025.
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