Tag "Hong Kong Association of Banks (HKAB)"

Hong Kong’s Financial Sector Unites to Fight Financial Fraud with Anti-Deception Alliance

The Hong Kong Monetary Authority (HKMA), in collaboration with the Hong Kong Association of Banks (HKAB) and various banking institutions, has endorsed the establishment of the Anti-Deception Alliance (ADA) by the Hong Kong Police Force (HKPF) to fight against financial

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Over 45% of Individuals and 76% of SMEs in Hong Kong Have Virtual Bank Accounts

Virtual banks in Hong Kong have gained significant popularity in recent years, with over 45% of individuals and 76% of SMEs surveyed by the Hong Kong Association of Banks (HKAB) having an account. The survey also found that 30% of

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