• 11/10/2024

Hong Kong to end deposit-taking companies as part of reform to simplify banking structure

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The HKMA is cutting the city’s existing three-tier banking system into two as part of its biggest reform in four decades.

https://www.scmp.com/business/banking-finance/article/3273309/hong-kong-end-deposit-taking-companies-part-reform-simplify-banking-structure?utm_source=rss_feed