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Hong Kong banks to share account data to improve efficiency, lower costs under HKMA pilot scheme

The Hong Kong Monetary Authority (HKMA) is set to launch a pilot programme that will enable customers to use a consent-based and secure way to share their account data with other banks.

Hong Kong keeps base rate steady at 5 75% as Fed holds fire before holidays in 2023 s final meeting

The Hong Kong Monetary Authority kept its key interest rate unchanged in lockstep with the Federal Reserve, sparing businesses and homeowners from higher borrowing costs while the economy regains strength.

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HK credit market stable, say bankers

Hong Kong s credit market remains stable, the Hong Kong Association of Banks said, following after Moody s downgrade of the SAR and mainland.

New code for bankers rolled out

The Hong Kong Association of Banks has published a revised code of banking practice, urging members to strengthen customer protections with .

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