Hong Kong

Visa names Paulina Leong as Hong Kong, Macau market lead

Her role as the appointed General Manager is effective immediately.

Visa names Paulina Leong as Hong Kong, Macau market lead

Her role as the appointed General Manager is effective immediately.

Hong Kong-based Statrys launches SMEs cross-border payments system

The local payments solution will allow SMEs to make transactions in multiple currencies.

Hang Seng Bank, Chubb enter exclusive 15-year distribution agreement

Chubb will offer Hang Seng banking customers general insurance products and solutions.

Standard Chartered arranged $89.6m green loan for Vista Shipping

The funds will be used to buy two LNG-dual fuelled vessels.

Hong Kong’s Fusion Bank launches investment services

They can use the services for a subscription fee of as low as HK$10 or US$1.

Walter Liu appointed as new American Express’ head of Asia Region

He will manage American Express teams across Hong Kong, Taiwan, Singapore, and Thailand.

Hang Seng Bank prime lending rate unchanged at 5.625%

The HKD bonus interest rate was also unchanged.

Bank of China HK’s prime, savings deposit rate unchanged

Those with a daily account balance of HK$1m or above will get a bonus 0.001% bonus rate.

Hong Kong’s Fusion Bank launches business banking services for SMEs

Until 31 December, new customers may be exempt from account opening fees.

China supports HK's bid for international finance hub status

The bank provided conducive factors through its policies.

UBS’ takeover of Credit Suisse ‘insignificant’ to HK’s banking sector: HKMA

The total assets of Credit Suisse’s HK branch represent less than 0.5% of the local banking sector's.

China reopening to lift Hong Kong banks’ earnings: Fitch

Fitch Ratings expect higher net interest income and NIM. 

DBS’ Lareina Wang on why role models matter to women in banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

Hang Seng Bank celebrates 90th anniversary

A celebratory event was held with Hong Kong’s chief executive and the bank’s chairman and CEO.

HSBC launches RewardCash-based e-shop for Hong Kong Visa platinum cardholders

They can now ship at Watsons, PARKnShop, and Fortress with their RewardCash.

Citi names Stella Choe as APAC head of new Global Network Banking

GNB brings together relationship managers across Citi’s different banking businesses.

Bank of East Asia launches Mainland account opening service for Hong Kong residents 

The service is offered in 15 designated BEA branches across Hong Kong.