ZA Bank

ZA Bank is one of the first virtual banks in Hong Kong. It was first license by the Hong Kong Monetary Authority on 27 March 2019. It officially opened its virtual doors to the public on 24 March 2020 and is one of the first fully-operating virtual bank in Hong Kong. See below for the Latest ZA Bank News, Analysis, Profit Results, Share Price Information, and Commentary

Hong Kong’s ZA Bank offers crypto trading services to retail users

Global crypto market capitalization has surged 90% to over US$2.3t.

ZA Bank commences pilot for virtual asset trading service

Three in four Hong Kong investors are interested in investing in cryptocurrency.

ZA Bank debuts business banking referral programme

Users can invite companies to register and get a HK$288 cash reward.

ZA narrows net loss, sees 46% net revenue rise in H1 

Total assets and net interest margin grew during the first half of 2024.

ZA Bank unveils foreign exchange time deposit

Users can access it via the deposit page in the ZA Bank app.

ZA Bank cuts installment loan interest rate

Applicants get a cash reward of up to $188.6 until 30 September.

HKMA rules out new virtual banking licenses

Competition is keen in the market and enquiries have declined.

ZA Bank rolls out reserve banking services to stablecoin issuers

It has on boarded RD InnoTech and is onboarding 10 other issuers.

Hong Kong’s ZA Bank unveils stock rebate programme

Users can also collect a big-name US stock worth up to $77.77.

ZA Bank’s Devon Sin on why Web3 is key to HK’s growth

The bank has expanded services to cater to stablecoin issuers and Web3 companies. 

ZA Bank unveils business loan for Global Payments merchants

The virtual bank examines credit health based on business activities, amongst others.

Hong Kong’s ZA Bank kicks off dedicated banking services for stablecoin issuers 

The bank has surpassed $1b in transfer turnover to Web3 clients.

ZA Bank rolls out tax loan, offers cash rewards

Even unsuccessful loan applicants can receive a reward.