Monday, April 19, 2021
Tags Hong Kong virtual banks

Tag: Hong Kong virtual banks

Virtual Lender ZA Bank Obtains Insurance Agency License in Hong Kong

One of Hong Kong's first virtual lenders has just obtained a license to also operate as a virtual insurance agency less than...

Xiaomi’s Virtual Lender Airstar Bank Kicks off Official Operation in Hong Kong

Virtual lender Airstar Bank announced the official launch of operation on 11 June, as one of seven digital banks licensed to operate...

Four of Hong Kong’s Licensed Virtual Banks Kick off Trial Operations

Four out of Hong Kong's eight licensed virtual banks have kicked off trial operations amidst the turmoil created by the COVID-19 pandemic....

Hong Kong Digital Banks Expected to Focus on Mobile Payments and Micro-Loans

Domestic analysts expect Hong Kong's first cohort of licensed digital banks to commence operation before the end of the year, as well...

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China Construction Bank VP Lu Jiajin Expected to Assume Chairmanship of Industrial Bank Following Two Year Vacancy

The vice-president of one of China's big six state-owned banks is tipped to assume the role of chairman of a leading regional...

Chinese Central Bank Researching New Cryptocurrency and Stablecoin Regulations

The People's Bank of China (PBOC) says it is currently in the process of drafting new measures for the regulation of cryptocurrencies...

China Launches Digital Renminbi Trials in 11 Cities, Stages Seven Digital Renminbi Lotteries in Year Following Start of Testing

Pilot schemes for use of the Digital Renminbi have spread to at least ten cities around China a year following the commencement...

Chinese Central Bank Commits to More Policy Support for Carbon Targets, Warns of Risk Arising from Transition Away from Fossil Fuels

The People's Bank of China (PBOC) has reiterated its commitment to green finance initiatives as part of efforts to satisfy the country's...