Hong Kong

Can Hong Kong banks meet IFRS 9 requirements on time?

Profitability may be hit amidst higher provisioning prerequisites.

Standard Chartered unveils innovation laboratory in Hong Kong

‘eXellerator’ will act as a testing space for the bank’s fintech products and services.

Citi names Angel Ng as Citi head for Hong Kong and Macau

She will be a member of the Citi Asia Pacific operating committee and will report directly to Francisco Aristeguieta, CEO of Citi Asia Pacific.

Hong Kong to link central bank system with Japan for faster cross-border transactions

These will streamline transactions of Japanese government bonds and Hong Kong dollars.

BEA unveils revamped smart banking app

It features a platform which can manage activities from travel, investment, and education.

Citi launches rewards card with first API partnership

Cardholders can offset purchases using their accumulated points.

Hong Kong banks' loan growth poised to crash to 14% in 2018 as property prices falter

Cooling measures are kicking into effect in the city's heated housing market.

Total deposits in Hong Kong down 0.8% in February

Further decline was offset by high savings and time deposits.

HDFC Bank appoints Rahul Shukla as head of corporate and business banking

He will report to Kaizad Bharucha, wholsesale banking executive director.

BEA launches "Super-Fast" loan application platform

Customers can now use eKYC technology to obtain funds as quickly as one day.

How did HSBC's Yvonne Yiu become a part of the bank's pivotal transformation?

It’s a matter of providing effective solutions, from innovative services to capable business models.

Hong Kong banks can hold firm against another housing crash

They can maintain their credit profiles even if prices were to plunge by 30%.

Close Chinese financial ties are both boon and bane for Hong Kong banks

The mainland’s deleveraging programme will drive cross-border loan activity but pose risks to LGFVs.

Hang Seng Bank China Ltd names Ryan Yue Sheng Song as vice chairman and chief executive

Song is also appointed as a member of the Executive Committee of Hang Seng Bank.

Bank of Singapore appoints Derrick Tan as Hong Kong branch chief executive

Tan is also Bank of Singapore’s global market head for Greater China and North Asia.

Smart card dominance dampens Hong Kong's mobile payments growth

Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.