Hong Kong

How can Hong Kong banks reconcile third party data sharing with cybersecurity?

Banks need robust cyber resilience strategies to plug risks.

Hong Kong banks' bad loan ratio improves to 0.52% in 2017

Maintaining credit quality is no problem for the city’s top lenders.

Hang Seng Bank to use fintech in credit risk assessment by Q4

Fintech and big data will be used in assessing loan applications.

What can Hong Kong banks gain from turning away from BPOs?

Managed services may just be the way to add further value for banking customers.

Hong Kong banks may lose $14.68m in net assets following HKFRS 9

Replacing the incurred credit loss model is likely to shed off around 1% of net assets.

Chart of the Week: Non-bank Chinese exposure of Hong Kong banks doubles to 15% in 2017

Fitch, however, warns against the associated risks of greater Mainland exposure.

Citi hops aboard Hong Kong's chatbot race with planned Facebook Messenger chatbot

Customers will soon be able to check account balance via the messaging app.

BOC (Hong Kong) moves to beef up private banking business

The bank aims to boosts the number of relationship managers by at least 20%.

HSBC to lift PayMe e-wallet top-up limit

The move aims to ease individual money transfer and purchases.

Hong Kong banks to hike prime rates by end-June

Tighter liquidity from mega IPOs will leave lenders with no other option.

US tightening buoys Hong Kong banks' profitability

Funding costs are expected to stay low, boosting NIMs.

ICBC Asia's Wang Zhi Yong discusses the role of blockchain in cash management

He also talks about the bank's efforts of tapping new technologies.

HSBC shifts into growth mode with planned $17b investment in Asia

The investment will go into the bank's China and Hong Kong markets.