RBC Capital Markets gets go-ahead from Monetary Authority

It's a restricted banking licence.

According to a government release, the Monetary Authority has granted a restricted banking licence to RBC Capital Markets (Hong Kong) Limited, effective today.

Incorporated in Hong Kong, the bank is a wholly-owned banking subsidiary of the Royal Bank of Canada. According to the July 2012 issue of The Banker, RBC is Canada’s largest bank, and the world’s 35th largest in terms of Tier-1 capital.

There are now 21 restricted-licence banks in Hong Kong.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!