Hong Kong
ABN AMRO Clearing Bank granted restricted banking licence in Hong Kong
ABN AMRO Clearing Bank granted restricted banking licence in Hong Kong
There are now 16 restricted licence banks in the city.
Hong Kong’s mortgage loan applications, approvals rose in July
Mortgage loans for primary market and secondary market transactions both increased.
Sunshine Insurance GWP grows 5.7% YoY in H1
Net profit attributable to the parent also grew by 7.8% YoY to $3.7b.
OCBC eyes $2.7b for serial entrepreneurs
OCBC Group has lent $1.17b to more than 1,800 repeat founders since 2017.
HSBC fined HK$4.2m for disclosure breaches in research reports
It is estimated to have affected disclosures in over 4,200 reports.
China CITIC Bank Int’l, Hang Seng Bank support offshore RMB repo reforms
CNCBI has completed the first batch of transactions, it said.
Commercial real estate woes persist for Bank of East Asia
NIM will weigh on profitability but its non-interest income will cushion impact.
Citi, Mastercard offer priority restaurant booking for HK’s National Day
Citi Mastercard cardholders can pre-book at 13 participating restaurants.
Bank of East Asia reports higher attributable profit by 14.1% YoY in H1 2025
Earnings per share also increased by 24.6% YoY.
BOCHK partners with Manulife to launch multi-asset income solutions
It will draw on global income sources such as preferred securities and others.
HKMA study identifies AI and data analytics as key banking skills
Another key finding is the importance of a collaborative approach across the industry.
Moody’s says Hang Seng Bank capital strength offsets loan risks
These loans made up 15% of total lending in June 2025.
Hong Kong total credit card receivables down 2.5% to $19.03b in Q2
This is slower than the 5.8% decline recorded in Q1 2025, official data showed.
Dah Sing Bank launch Payment Connect service in online platforms
The bank now offers instant cross-border remittance between the two markets.
StanChart sets up JV in Hong Kong to apply for stablecoin issuer licence
SCBHK, Animoca Brands, and HKT earlier participated in Hong Kong’s stablecoin issuer sandbox.
Hong Kong banks lose top talent with drawn-out hiring steps
Hiring rose 2.5% among 15 lenders in Asian Banking & Finance’s annual survey.
ZA Bank’s Devon Sin joins TransUnion as chief product officer
Sin was most recently the bank’s alternative chief executive.
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