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

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The Hong Kong Monetary Authority will issue the first batch of virtual bank licenses by the end of this year. Photo: Shutterstock
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