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 Bank eyes Middle East expansion

Its two subsidiaries already have collaborations planned in Saudi Arabia.

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 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 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.