PAObank surpasses HK$8b in customer deposits in Sept 2025

Deposits rose by HK$2b in just three months.

PAObank has surpassed HK$8b (US$1.02b) in total customer deposits as of 26 September 2025, at the time of its 5th anniversary.

This is an increase of over HK$2b (approximately US$257m) in just three months. The Hong Kong-based digital bank had recorded HK$5.94b (US$753.45m) in total customer deposits in end-June 2025.

PAObank narrowed its loss after income tax to $14.39m (HK$112m) in H1 2025.

Its net interest income rose 51% to HK$90.62m (US$11.65m) in H1 2025 compared to the same period a year ago.

Total loans and advances to customers increased by approximately 41% year-on-year to HK$3.72b (US$478.12m) as of 30 June 2025. The loan-to-deposit ratio stood at a healthy 62.6%.

The bank recently received HK$200m (over US$25m) from Lufax, and is gearing up to launch investment services, said CEO Ronald Iu.

(US$1 = HK$7.78; as of 30 September 2025, Morningstar via Google)