Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services.
Most of the banks blame the ongoing pandemic for delaying their preparations, while some are simply waiting for the crisis to end before launching their services.
Officials have revealed that more than half of Hong Kong's residents are now using the HKMA's Faster Payment System, a service that allows users to transfer money between different banks for free.
Officials have revealed that more than half of Hong Kong's residents are now using the HKMA's Faster Payment System, a service that allows users to transfer money between different banks for free.
Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts.
Za Bank Ltd, a unit of ZhongAn Technologies, is offering a promotion that gives its depositors a 6 percent rate for its three-month Hong Kong dollar time-deposit accounts.
HSBC, the Bank of China Hong Kong, and Standard Chartered Bank announced that they will be lowering their prime rates in line with the recent move by the Hong Kong Monetary Authority.
HSBC, the Bank of China Hong Kong, and Standard Chartered Bank announced that they will be lowering their prime rates in line with the recent move by the Hong Kong Monetary Authority.