Hang Seng Bank

Hang Seng Bank provides customer- centric banking, investment and wealth management services for individuals and businesses.

See below for the Latest Hang Seng Bank News, Analysis, Profit Results, Share Price Information, and Commentary.

Hang Seng Bank reduces lending rate, deposit rates 

Its prime lending rate and deposit rates are now 25 basis points lower.

Hang Seng Bank taps Derek Ngai as new head of audit

Ngai was head of audit for Hong Kong and Macau at HSBC.

Hang Seng Bank’s profits up 1% to HK$11.3b in H1

Net interest income and net operating income both rose.

Breadwinners burdened with finances of 3 dependents on average

Over 1 in 2 respondents manages the finances of spouses and parents/ in-laws.

Breadwinners support at least 3 relatives financially: survey

Breadwinners support spouses/partners, parents/in-laws, and children.

Hang Seng Bank launches $80b green financing solutions fund

The bank also launched green assessment and knowledge advocacy programmes.

Hang Seng Bank maintains HKD lending and savings rate

The lending rate is still 5.875% per annum.

Hang Seng Bank warns against phishing email

The emails lead to a fraudulent website that may request their bank or card information.

Hang Seng Bank joins Hong Kong Jockey Club's financial literacy project

The project will cover 4,200 families in transitional housing areas.

Times China hit with winding-up petition

The petition was filed over financial obligations of US$173.2m and $731.4m.

Hang Seng Bank announced HK$3b share buyback programme

Independent broker Merril Lynch will execute all buybacks.

Hong Kong's growth dips amidst high policy rates

The expansion will be driven by the recovery of tourism, and consumer spending.

Hang Seng Bank unveils HK$33b SME Power Up Fund

Products include an SME Financing Guarantee scheme and non-collateralized loans.

Hang Seng Bank joins HKMA's Wholesale Central Bank Digital Currency Project

The project will expand the use of tokenised money in Hong Kong.