Virtual banks will launch services ‘in a staged manner’, says Arthur Yuen, deputy CEO of the Hong Kong Monetary Authority. Photo: Jonathan Wong
Hong Kong virtual banks could soft-launch some services in fourth quarter, monetary authority says
- The introduction of virtual banking services will be a ‘gradual’ process, Arthur Yuen, deputy CEO of Hong Kong Monetary Authority, says
- Virtual banks expect to offer ‘simple’ products initially
Topic |
Banking & Finance
Virtual banks will launch services ‘in a staged manner’, says Arthur Yuen, deputy CEO of the Hong Kong Monetary Authority. Photo: Jonathan Wong