Hong Kong
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result.
Hang Seng Bank attributable profit drops 46% YoY to HK$4.7b in H1 2022
External factors such as the fifth wave of the pandemic affected the financial result.
Hong Kong ‘s ZA Bank offers up to 5% Bloom Coins reward for card spend
They can use the coins to redeem NFTs, e-vouchers, amongst others.
JLL Hong Kong, Kai Shing Mgmt tenants can now pay via WeChat Pay HK app
Users simply need to input their e-Bill number to pay their management fees.
Dah Sing Bank temporarily closes Central, Ocean Walk Branches
Both branches will reopen on Saturday.
Dah Sing Bank temporarily closes 3 branches
Its Shatin and Sha Tsui Road branches will reopen Friday, and Fortress Hill on Monday.
Bank of East Asia joins the Partnership for Carbon Accounting Financials
BEA is required to disclose data publicly on financed emissions within the next three years.
DBS Hong Kong unveils new eco-friendly casual uniform for branch staff
The polyester used is partly made from recycled plastic bottles.
Prosperity REIT enters first sustainability-linked interest rate swap with DBS Hong Kong
The REIT secured a five-year HK$800m sustainability linked term loan with the bank in 2021.
MUFG sells shares in Hong Kong’s Dah Sing Bank
MUFG’s predecessor Sanwa Bank had bought 13% of DSFH shares in 2000.
DBS Hong Kong launch Green Mortgage
Customers can earn cash rebates of up to 0.1% upon successful application.
Rising interest rates to be Hong Kong banks’ saving grace
NIMs are expected to rise and outweigh asset quality deterioration in the near term.
Is Hong Kong’s role as offshore financial center under threat?
Inflows from Mainland China will support the city, but issues are challenging this role.
Dah Sing Bank approved to open new Shenzhen Branch
Establishment of the new branch is slated for early 2023.
HK businesses see 50% increase of bad debt write-offs: study
Almost half of the total value of business-to-business invoices was overdue.
Bank of China HK, Mastercard launch eco-friendly BOC Chill Card
The card offers up to 10% cash rebate and Pay Later options.
livi bank, Mastercard offer private film screening at the CORONET
Each booking entitles users to a 20% cash back and a bottle of Prosecco.
MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings
The three-year syndicated loan was 2.25 times oversubscribed.