Hong Kong
Visa offers tap-to-pay for Hong Kong tram commuters
Visa offers tap-to-pay for Hong Kong tram commuters
Commuters can now tap-to-pay their tram fares in Hong Kong
Dah Sing Bank, YOOV partner for easy SME loan application
SME loan applications and approvals will be simplified.
Approved mortgage loans soar 20.3% MoM in May
The increase was likely due to the uptick in applications during the same month.
Chart of the Week: Hong Kong’s card payments market to grow 4.8% in 2023
Growth of e-commerce will spur card payments’ growth even further.
HKMA, local bank association launch charter to prevent credit card scams
The industry is directed not to send SMS with embedded hyperlinks.
OCBC Wing Hang's capitalisation, profits to offset real estate risks: Moody's
The bank’s exposure to real estate markets may affect asset quality.
Five HK banks, HKECIC team up to underwrite risk on domestic sales in China
The collaboration targets to boost insurance protection for Hong Kong exporters.
HSBC names Paul Jeremy Brough as independent non-exec director
Brough is also an independent non-exec director of Guoco Group and Toshiba.
AXA, Carbon Wallet partner to reward green lifestyle
This partnership incentivises actions toward a sustainable lifestyle.
Mox receives licence for HK-US equity trading services
The licence makes it the first Hong Kong virtual bank to offer this service.
Stable profits buoys Public Bank HK’s resilient credit profile
However, higher funding and credit costs will weigh down on profitability.
Bank of East Asia extends weekend business hours in three branches
They will be open from 1PM to 5PM until 9 July 2023.
No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates
Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.
Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s
The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity.
Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF
The bank works with over 40 ETF issuers covering 500 ETFs in APAC.
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.
BNY Mellon names Hong Kong chief executive
Francis Giglio will sit in place and his designation is effective immediately.
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