A futuristic image of virtual banking screen. Photo: ShutterstockA futuristic image of virtual banking screen. Photo: Shutterstock
A futuristic image of virtual banking screen. Photo: Shutterstock

Hong Kong’s virtual banks tempt ‘rate war’ as ZA Bank leads with juicy 6.8 per cent on deposits

  • ZA Bank offers up to 6.8 per cent three-month deposit for first 2,000 clients, which may set the tone for other virtual banks to follow
  • WeLab Virtual Bank may also use promotional interest rates and other tools to win customers, build market presence

Topic |   Fintech
A futuristic image of virtual banking screen. Photo: ShutterstockA futuristic image of virtual banking screen. Photo: Shutterstock
A futuristic image of virtual banking screen. Photo: Shutterstock
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