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As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...
ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
Hong Leong Bank Berhad; Industrial and Commercial Bank of China Limited; Kookmin Bank Cambodia PLC; Krung Thai Bank PLC; Maruhan Japan Bank PLC [13] Maybank; MB Bank PLC; Mega International Commercial Bank Co., Ltd; Phillip Bank PLC [14] Phnom Penh Commercial Bank; Prasac Microfinance Institution; RHB Indochina Bank Limited; Sacombank (Cambodia ...
Banknotes of the Hong Kong Dollar, the official currency of the HKSAR, is issued by Hong Kong Monetary Authority, Bank of China (Hong Kong), HSBC and Standard Chartered (Hong Kong). [citation needed] Part of commercial banks in Hong Kong are listed below. Bank of China (Hong Kong) Limited; Bank of East Asia Limited
In 1999, it formed a joint venture with BOC International named BOCI-Prudential Asset Management to provide services for Mandatory Provident Fund scheme in Hong Kong. [1] [2] [8] [9] In 2005, it formed a joint venture with CITIC Group named CITIC-Prudential Fund Management Company which is based in Shanghai. [1] [2]
The Hong Kong office re-opened in February 1946 and the Shanghai office in 1945, but was closed down its Shanghai operations in 1952 due to the Communist party rule. [10] In 1952, total assets of the bank totalled US$205.5 million.
The Hong Kong Monetary Authority defines "virtual bank" as a bank which primarily delivers retail banking services through the internet or other forms of electronic channels instead of physical branches. [17] The first virtual banking license in Hong Kong was issued in 2018. [18]
HSBC, Standard Chartered Bank (Hong Kong), and Bank of China (Hong Kong) are the three note-issuing banks; Hang Seng and HSBC Hong Kong are both under the common ownership of London-based HSBC Holdings plc. According to Global Retail Banking Cross-sell conducted by RFi group in 2015, HSBC, Bank of China (Hong Kong), and Hang Seng Bank were the ...