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Hong Kong virtual banks' total deposits increased to HK$37 billion, with total customer numbers reaching 2.2 million

Hong Kong virtual banks' total deposits increased to HK$37 billion, with total customer numbers reaching 2.2 million

CointimeCointime2024/05/11 05:13
By:Cointime

The total number of customers of Hong Kong virtual banks has reached 2.2 million, a year-on-year increase of 20%, and the total deposits have increased to 37 billion yuan, a growth rate of 23%. The total loans have reached 19 billion yuan, an increase of 19%. These data indicate that the business of virtual banks is steadily improving. Earlier news reported by the Hong Kong Economic Daily, the Hong Kong Monetary Authority initiated a consultation on renaming "virtual banks" to "licensed digital banks" for a period of one month starting on April 30th, involving 8 virtual banks, the Hong Kong Bankers Association, Hong Kong restricted license banks, and deposit-taking company associations.

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