Lenders are competing for customers to steer a bigger slice of the HK$71 billion cash relief to their banking network as the government prepares to make its first payout in July. Photo: BloombergLenders are competing for customers to steer a bigger slice of the HK$71 billion cash relief to their banking network as the government prepares to make its first payout in July. Photo: Bloomberg
Lenders are competing for customers to steer a bigger slice of the HK$71 billion cash relief to their banking network as the government prepares to make its first payout in July. Photo: Bloomberg
Business /  Banking & Finance

The race for HK$71 billion cash handout is heating up as more banks bait customers with gold bar, iPhone, and food vouchers

  • HSBC extends its 10 per cent interest on short-term deposits rate to existing clients, dangles cash, iPhone to attract sign-ups
  • Gold bar and coins are among lucky prizes offered by Shanghai Commercial Bank in the competition
Topic |   Banking & Finance
Enoch Yiu
Enoch Yiu

Updated: 8:51pm, 17 Jun, 2020

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Lenders are competing for customers to steer a bigger slice of the HK$71 billion cash relief to their banking network as the government prepares to make its first payout in July. Photo: BloombergLenders are competing for customers to steer a bigger slice of the HK$71 billion cash relief to their banking network as the government prepares to make its first payout in July. Photo: Bloomberg
Lenders are competing for customers to steer a bigger slice of the HK$71 billion cash relief to their banking network as the government prepares to make its first payout in July. Photo: Bloomberg
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