Hong Kong
Bank of East Asia’s profits up 75.8% to HK$2.63b in H1
Higher interest rates pushed up profits, but non-interest income fell.
Bank of East Asia’s profits up 75.8% to HK$2.63b in H1
Higher interest rates pushed up profits, but non-interest income fell.
1 in 4 Hong Kong consumers eyes getting a loan with fintechs, neobanks
Although traditional banks remain the preferred choice, 1 in 5 are ready to jump ship to another provider.
DBS Hong Kong finalises HK$800m green loan with HSH
KPIs set include reduction in carbon intensity, increase in waste diversion rate, amongst others.
Bank of East Asia extends hours of Shenzhen Futian Port sub-branch
It is now open on Saturdays from 10 AM to 5PM.
HSBC unveils ETF platform solutions
The bank has collaborated with Calastone to develop an ETF order management system.
Hang Seng Bank warns of phishing emails, fake website
The bank reminded customers that it will never ask them to log in through embedded links.
Syfe launches Syfe Income+ product in Hong Kong, target 6% to 8.6% payouts
The digital investment platform held a seminar alongside the product’s launch.
Hang Seng Bank opens two new cross-boundary wealth management centres
One is in Shenzhen and the other is in Tsim Sha Tsui.
Hiring freeze felt as HK banks focus on talent development
Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.
HSBC’s records $12.9b pre-tax profit for H1
This is $12.9b higher compared to the first six months of 2022.
Hang Seng Bank’s profits up 79% in H1; HK$1.1 per share interim dividend declared
Operating profit rose 67% compared to a year earlier.
Bank of China Hong Kong to conduct system maintenance in 6 August
Services affected include ATM transactions and the BOCHK website.
Hang Seng Bank raises HKD prime lending rate to 5.875% per annum
Its savings deposit rate is also being increased.
BEA raises standards savings rate to 0.875%
Its HK dollar prime rate has been increased to 6.125% per annum.
Bank of China (Hong Kong) adjusts HKD prime rate to 5.875%
The savings deposit rate will also be adjusted to 0.875% for accounts with a $5,000 balance and above.
Standard Chartered: We’re here for good
The bank’s initiatives align with its vision for a sustainable future.
Hang Seng expands remote account opening service to HK companies with mainland shareholders
The e-Sign service can also now be used to provide signatures for loan documents.
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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