Hong Kong virtual banks future

Mox Bank hit HK$170m operating income in 2022

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.

Mox Bank hit HK$170m operating income in 2022

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.

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.