Hong Kong
Hong Kong loan growth extends climb after rising 15% in March
This represents the fourteenth consecutive month of double-digit annual growth.
Hong Kong loan growth extends climb after rising 15% in March
This represents the fourteenth consecutive month of double-digit annual growth.
Hong Kong amends bank disclosure rules to meet Basel III standards
It enhances transparency and comparability requirements.
Hong Kong loans up 3.6% in Q1 amidst intensified construction activities
On a monthly basis, loans for use also inched up 1.2% in March.
Hong Kong banks lift time-deposit rates amidst expected rate hikes
Standard Chartered and ICBC raised time-deposit rates to more than 2%.
Nearly 2 in 5 Hong Kongers open to sharing banking data with third parties
Almost 40% believe that open banking can provide them with better customer service.
BOCHK intensifies blockchain use across retail segment
The lender processes 85% of its mortgage-related property valuations on its digital ledger.
Hong Kong banks scrap fixed-rate mortgages as interbank lending rates surge
HSBC and BOC have stopped offering the popular loans whilst ICBC will stop on May 1.
Will the looming property slowdown set back Hong Kong banks?
Loan growth is expected to slow in 2018.
Can Hong Kong banks meet IFRS 9 requirements on time?
Profitability may be hit amidst higher provisioning prerequisites.
Standard Chartered unveils innovation laboratory in Hong Kong
‘eXellerator’ will act as a testing space for the bank’s fintech products and services.
Citi names Angel Ng as Citi head for Hong Kong and Macau
She will be a member of the Citi Asia Pacific operating committee and will report directly to Francisco Aristeguieta, CEO of Citi Asia Pacific.
Hong Kong to link central bank system with Japan for faster cross-border transactions
These will streamline transactions of Japanese government bonds and Hong Kong dollars.
BEA unveils revamped smart banking app
It features a platform which can manage activities from travel, investment, and education.
Citi launches rewards card with first API partnership
Cardholders can offset purchases using their accumulated points.
Hong Kong banks' loan growth poised to crash to 14% in 2018 as property prices falter
Cooling measures are kicking into effect in the city's heated housing market.
Total deposits in Hong Kong down 0.8% in February
Further decline was offset by high savings and time deposits.
HDFC Bank appoints Rahul Shukla as head of corporate and business banking
He will report to Kaizad Bharucha, wholsesale banking executive director.
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