The new virtual banks are focusing on deposits, payments, loans and cards for the time being. Photo: Shutterstock
Next big thing for Hong Kong’s virtual banks: wealth management
- Insurance and investment products are the ‘next phase’ for the city’s newest lenders, according to ZA Bank’s chief executive
- New entrants use higher savings rates, technology to shake up city’s crowded banking industry
The new virtual banks are focusing on deposits, payments, loans and cards for the time being. Photo: Shutterstock
