A Hang Seng Bank branch in Hong Kong. Lending by retail banks in the city was up by 12.8 per cent in the first nine months of 2017. Photo: Chang Kim-fung

High street banking gets even more profitable in Hong Kong

Operating profits of retail banks grew 13.9 per cent in the first three quarters because of a sharp rise in their income from lending, HKMA data shows

Topic |   Banking & Finance

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A Hang Seng Bank branch in Hong Kong. Lending by retail banks in the city was up by 12.8 per cent in the first nine months of 2017. Photo: Chang Kim-fung
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