HKMA issues first batch of virtual banking licences
Hong Kong finally plays catch up with India and China by issuing virtual bank licences. For corporate treasuries, the presence of virtual competition is set to be a boon
Hong Kong Monetary Authority (HKMA) issued its first batch of virtual banking licences on Wednesday, marking the start of a key chapter in the financial technology solutions in the territory, which has lagged regional pioneers China and India.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
