Retail Banking
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
HK-listed Chinese banks deliver 23% higher returns in 8M 2024
Major banks’ plans to distribute interim dividends lifted market sentiment.
Gov’t issues lai-see advisory
Notes exchanges can be done from 25 January to 9 February.
Hong Kong police to initiate anti-scam alerts
This follows the expansion of its scam intervention scheme.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.
Hang Seng names new head of commercial banking
She will take over Donald Lam beginning 14 October.
Foreign currency deposits push Hong Kong deposits to a 1.2% rise in July
Hong Kong dollar deposits dipped, whilst foreign deposits rose.
Hong Kong’s business scholars target top finance employers for work-life balance
Educators at business schools confirm that students’ career priorities have shifted.
Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller
Hang Seng reveals three new service and operational solutions.
Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s
The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Hang Seng organises $100m social loan for Unistress
This funding will entail establishing schools for children and transitional homes for low-income households.
Hang Seng Bank names Shelley Zhou as head of corporate sustainability
The new executive will head its sustainability division.
BOCHK raises prime lending rate to 5.75%
The HKD savings deposit rate was also adjusted.
Hang Seng Bank changes its board composition
Michael Wu Wei Kuo retired as the Independent Non-executive Director.
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