Hong Kong
BOCHK warns against suspicious SMS messages
It reminded customers that it will only send messages starting with a “#”.
BOCHK warns against suspicious SMS messages
It reminded customers that it will only send messages starting with a “#”.
Futu bags $1.2b net income in Q2 2024
Earnings per share stood at 1.08 Hong Kong cents.
‘Deteriorating’ property market leads to 1% drop in Fubon Bank’s H1 net profit
Total impairment losses amounted to HK$279m.
Hong Kong central bank launches gen AI sandbox
Banks are encouraged to make full use of the sandbox.
Bank of Singapore warns against fake app
It has reported the link and app to the police and regulators.
Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
HKMA preparing law amendments for proposed two-tier bankings system
The central bank has published results of its consultation and new parameters added.
HKMA rules out new virtual banking licenses
Competition is keen in the market and enquiries have declined.
HK virtual banks' record 2.2 million depositors by end-2023
Hong Kong's eight licensed virtual banks experienced modest growth over the past three years.
Fusion Bank unveils business loans with up to $5m financing
One loan is for businesses at least three years old.
Mox Bank opens platform to crypto-related investing
Mox Invest users can access and invest in crypto ETFs.
HKMA proposes simplification of three-tier banking system
It aims to simplify DTCs to second-tier institutions.
Less Hong Kong SMEs find credit approval more difficult in Q2
But more SMEs now find securing debt “easier” as well.
Hong Kong banks expand fraud alert system to retail transactions
Customers will receive alerts for “high fraud risk” fund transfers, amongst others.
Hong Kong, China ink MOU for linkage of fast payments systems
Central bankers also discussed financial cooperation between their markets.
ZA Bank enables users to earn 8% p.a. Savings rate by walking daily
Users must complete fitness challenges in August.
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Net interest income and net operating income both rose.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. DBS, UnionPay launch multi-currency debit card 3. Morgan Stanley opens Southeast Asia headquarters in Singapore 4. Southeast Asia’s digital banks – the road from good to great 5. Maybank rolls out green financial advisory service to SEA SMEsResource Center
Read Here
Advertise
Sign Up
Event News
Event News
Principled AI key to transformation of financial services
![Principled AI key to transformation of financial services]()
Information Technology
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Companies must be transparent and fair to maintain trust and mitigate reputational risks.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion