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The Mercantile Bank was absorbed by HSBC in 1978 and ceased issuing notes. In 1985, 20-dollar notes were introduced, whilst, in 1993, a 10-dollar coin was introduced and the banks stopped issuing 10-dollar notes. In 1994, the Hong Kong Monetary Authority (HKMA), gave authority to the Bank of China to issue notes.
The Hong Kong Monetary Authority (HKMA) is the central banking institution of Hong Kong. It is a government authority founded on 1 April 1993 when the Office of the Exchange Fund and the Office of the Commissioner of Banking merged. The organisation reports directly to the Financial Secretary. [2]
The Hong Kong dollar (Chinese: 港元, sign: HK$; code: HKD) is the official currency of Hong Kong. It is divided into 100 cents. Historically, it was also divided into 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar.
The Hong Kong Monetary Authority (HKMA), Hong Kong's de facto central bank, authorised note-issuing banks to issue banknotes. These banks are required to have the same amount of US dollars to issue banknotes. The HKMA guarantees to exchange US dollars into Hong Kong dollars, or vice versa, at the rate of 7.80.
Notes issued by the Hongkong and Shanghai Banking Corporation. 1977-1983 Big Golden Lion (Chinese: 大金獅) 1985-1987 Goldfish yellow (Chinese: 金魚黃) 1988-1991 Salted Egg Yolk (Chinese: 鹹蛋黃) 1993-2002 Side-face Lion (Chinese: 側獅) 2003-2009 Front-face Lion (Chinese: 正獅) Notes issued by the Standard Chartered Bank (Hong Kong)
Due to the high demand for the banknote, it was reissued under a new colour and design in 2002 by the Hong Kong Government. It was the first that the Government had issued any banknotes after the denomination of one-cent note in 1995 and the ten-dollar note remains the only circulating denomination that is issued by the Government rather than ...
Download as PDF; Printable version; In other projects Wikimedia Commons; Wikidata item; ... Hong Kong Monetary Authority; Hong Kong one hundred and fifty-dollar note;
The Commission issued an investigation report in June 2012, which "condemned" the then CEO of the Hong Kong Monetary Authority, Mr Yam Chi-kong, and was "extremely disappointed" with the then Chairman of the Securities and Futures Commission, William Wei.