Hong Kong
Mortgage loans in Hong Kong drops by nearly 10% in December
Mortgage loans in Hong Kong drops by nearly 10% in December
Loans stood at HK$25.6b during the month, the Monetary Authority reported.
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%.
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth.
DBS Hong Kong offers two-in-one instant loan and credit card combo
Users just need to scan their HKID to get both cash and a digital card in a single application.
Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal
Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.
HK’s livi bank launches QR payment option
From now until 31 March, customers can earn rewards up to HK$500 per month.
New license for virtual asset providers, relaxed listing to rock Hong Kong’s fintechs
Virtual asset service providers will now need to be licensed.
DBS Hong Kong unveils eLaisee function
Customers who send an eLaisee also have the chance to win up to HK$288 in cash rewards.
Bank of China (Hong Kong) warns of fake website
Customers who logged in the fake website are advised to immediately contact the bank.
Financial stability a priority for Hong Kong: finance secretary
Chan expects more support from mainland China as the latter’s economy recovers.
Hong Kong’s ZA Bank launches debt consolidation program Debt Changer
Users can defer payment for a month for every 12 month tenor they take.
Hong Kong’s ZA Bank unveils short-term savings plan with up to 5.25% p.a. return
It has an 18 month lock-in period and offers a 0.65% discount for a limited time.
Hang Seng Bank warns of fake KOL Hazel Instagram account, website
The bank said that it will never ask customers to log in through embedded links.
Hong Kong’s Fusion Bank offer digital loans for BYD electric cars
The loan has an annual percentage rate (APR) of as low as 3.9%.
Hang Seng Bank appoints new Chief Marketing Officer
Jordan Cheung will take the position, starting 19 December.
Hong Kong’s livi bank, FWD General Insurance launch home insurance plan
Those who avail of the plan can enjoy insurance coverage of up to HK$5m.
Hong Kong’s livi bank unveils new app interface, adds rewards feature
Customers can win cash rewards and enter a lucky draw to win round-trip tickets to Hokkaido.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections