Hong Kong banks

Rising interest rates to be Hong Kong banks’ saving grace

NIMs are expected to rise and outweigh asset quality deterioration in the near term.

Rising interest rates to be Hong Kong banks’ saving grace

NIMs are expected to rise and outweigh asset quality deterioration in the near term.

Is Hong Kong’s role as offshore financial center under threat?

Inflows from Mainland China will support the city, but issues are challenging this role.

Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report

UBS recently shifted to two senior bankers and might move eight more to China.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

Expect failures amongst Hong Kong’s virtual-only banks: S&P

Digital lenders are currently at a loss-making and some may fold over the next few years.

Bank of East Asia profit rebounds nearly 75% to $2.67b in H1

This increased from $1.53m in the same period last year.

Hong Kong neobank ZA Bank launches early payday product

Users can get their monthly payroll up to seven days in advance, interest-free.

Hong Kong banks’ credit losses to revert to pre-COVID levels before end-2022

The increase in credit losses in 2020 was manageable compared globally.