Hang Seng Bank
Hang Seng Bank provides customer- centric banking, investment and wealth management services for individuals and businesses.
See below for the Latest Hang Seng Bank News, Analysis, Profit Results, Share Price Information, and Commentary.
Hang Seng Invest, SAB Invest launch ETF
Hang Seng Invest, SAB Invest launch ETF
The ETF will debut on the Saudi Exchange on 31 October 2024.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
Hang Seng Bank reduces lending rate, deposit rates
Its prime lending rate and deposit rates are now 25 basis points lower.
Hang Seng Bank taps Derek Ngai as new head of audit
Ngai was head of audit for Hong Kong and Macau at HSBC.
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Net interest income and net operating income both rose.
Hang Seng Bank sets benchmark in digital currency innovation with top honours at ABF Fintech Awards 2024
The Bank receives Digital Currency Award for its role as a leading advocate of central bank digital currency, through a hypothetical e-HKD-based e-Wallet prototype and demonstration of associated use cases.
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious.
Hang Seng Bank maintains HKD lending and savings rate
The lending rate is still 5.875% per annum.
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June.
Hang Seng Bank warns against phishing email
The emails lead to a fraudulent website that may request their bank or card information.
Hang Seng Bank unveils HK$33b SME Power Up Fund
Products include an SME Financing Guarantee scheme and non-collateralized loans.
Hang Seng Bank joins HKMA's Wholesale Central Bank Digital Currency Project
The project will expand the use of tokenised money in Hong Kong.
Hang Seng profits up 58% to $2.28b in 2023; Dividend is HK$6.5 per share
A fourth interim dividend is HK$3.2 per share.
Hang Seng Bank names ex-Ping An deputy chief exec as new general counsel
Mabel Chu served as deputy chief executive (functions) of Ping An OneConnect Bank.
Hang Seng Bank names new risk committee chairman
Kenneth S Y Ng is stepping down from the role.
Hang Seng enables credit card customers to use loyalty points in AlipayHK
They can use their loyalty points to pay at over 150,000 outlets that accept AlipayHK payments.