The Hong Kong Monetary Authority will issue the first batch of virtual bank licenses by the end of this year. Photo: Shutterstock
Hong Kong’s appeal as a virtual banking hub is about to be put to the test as first online lenders arrive
- With 187 traditional banks, entrants seen going beyond HK for customers
Topic |
Banking & Finance
The Hong Kong Monetary Authority will issue the first batch of virtual bank licenses by the end of this year. Photo: Shutterstock