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The former Lloyds Bank International (LBI), both directly and through its banking subsidiaries, BOLSA and BOLAM, [4] together with the National Bank of New Zealand, Lloyds Bank California and the colonial and foreign (later overseas) department of Lloyds Bank, was responsible for the international and foreign banking business of the Lloyds Bank ...
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 ...
The remainder of the Lloyds TSB business would be rebranded as Lloyds Bank. [63] Lloyds Banking Group reached a Heads of Terms agreement in July 2012 to sell the Verde branches to The Co-operative Bank for £750 million. [64] [65] The final transfer of TSB Bank plc to the new owner was due to be completed by late 2013.
Hong Nin Savings Bank: Financials Banks Hong Kong: 1921 Defunct 1986 P D Hongkong and Shanghai Banking Corporation (HSBC) Financials Banks Hong Kong: 1865 Commercial bank and services (member of HSBC Group UK) P A Hongkong Electric Company: Utilities Conventional electricity Hong Kong: 1890 Electrical utility (Serves Hong Kong Island) P A ...
The HKMA, which is Hong Kong's central banking institution, acts as the clearing house for Hong Kong dollar (HKD) CHATS. All licensed banks in Hong Kong maintain HKD settlement accounts with the HKMA, and as of June 2000, restricted license banks "with a clear business need" may also open settlement accounts with the HKMA. [5]
The Banking Ordinance is a set of laws passed by the Legislative Council of Hong Kong to tighten restrictions for opening up or licensing a bank. Prior to the 1964 re-regulations, the government had no way to control bank's monetary effect on the economy. It also had no way of protecting the people utilizing the institutions.
Bank of Communications (Hong Kong) Bank of East Asia; Template:Banks of Hong Kong; Banque Belge pour l'Étranger; BNP Paribas Hong Kong; C. China CITIC Bank ...
On 1 November 2012, he was appointed chief executive of HSBC in the UK and deputy chief executive of HSBC Bank plc, the group's principal UK and continental European subsidiary. [5] On 1 September 2015, Simões was appointed the chief executive of HSBC Bank plc and chief executive of Europe. [6]