Virtual banks are betting that Hong Kong’s busy residents will want to save time by using online-only counterparts to traditional banks. Photo: Xiaomei ChenVirtual banks are betting that Hong Kong’s busy residents will want to save time by using online-only counterparts to traditional banks. Photo: Xiaomei Chen
Virtual banks are betting that Hong Kong’s busy residents will want to save time by using online-only counterparts to traditional banks. Photo: Xiaomei Chen

Hong Kong’s first virtual bank offers juicy 6.8 per cent interest rate in gimmick. Here’s how one SCMP reporter did in race

  • ZA Bank offers a competition to create buzz needed to woo customers to try out online-only services
  • Eight virtual banks have gotten approval in the city

Topic |   Banking & Finance
Virtual banks are betting that Hong Kong’s busy residents will want to save time by using online-only counterparts to traditional banks. Photo: Xiaomei ChenVirtual banks are betting that Hong Kong’s busy residents will want to save time by using online-only counterparts to traditional banks. Photo: Xiaomei Chen
Virtual banks are betting that Hong Kong’s busy residents will want to save time by using online-only counterparts to traditional banks. Photo: Xiaomei Chen
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