BANKING SERVICES

The Greater Bay Area: Full Ahead for Finance

02 July 2020

Italian banking group Intesa Sanpaolo has been operating in Hong Kong since 1984. In that time, it has built up an expert knowledge and understanding of the Chinese financial marketplace. It sees the Greater Bay Area initiative as one of the ideal vehicles to develop its already significant presence across the Asia Pacific region. More

hktdc research

The Greater Bay Area: Banking on Success

03 June 2020

Eurozone’s largest bank by market capitalisation and the leading bank in Latin America, Santander has a significant presence in every major market across the globe and, in recent times, has made significant inroads into Asia. Now the bank, founded on Spain’s Bay of Biscay, believes another bay area – the GBA – can become an engine room of regional, national and international economic growth. More

market spotlight

Expansion hub for Korean bank

19 May 2020

As two of the four “Asian Tiger” economies which achieved spectacular expansion in the 1980s, Hong Kong and Korea (the others being Taiwan and Singapore) have extensive and growing trade, investment and business links. More

inside china

Asia-Pacific takes finance laurels

02 October 2019

The Asia-Pacific (APAC) region in general, and China in particular, is becoming the world’s financial powerhouse, home to the lion’s share of the world’s leading financial centres, a comprehensive survey shows. More

venture hong kong

Blockchain pioneer picks Hong Kong

05 September 2019

Hong Kong was “absolutely the right choice” as Ledger’s Asia Pacific (APAC) home, the regional head for the French crypto-security giant Benjamin Soong asserted nearly one year after its October 2018 market entry into Asia. More

hktdc research

Hong Kong: The Key Facilitator for US and European Firms Venturing into the Greater Bay Area

03 September 2019

HKTDC conducted a joint survey with AmCham HK and EuroCham HK in April-May 2019 on US- and Europe-domiciled companies in Hong Kong to better understand their commercial view of the Greater Bay Area initiative. Of the 55 companies surveyed, many were eager to expand their Hong Kong operations to better capitalise on the opportunities, with the city’s professional services seen as having the highest potential for success. More

hktdc research

Sanctions Imposed on Mainland Chinese Persons for Fentanyl Trafficking

27 August 2019

On 21 August, the White House and the U.S. Treasury Department announced the addition of two entities (Qinsheng Pharmaceutical Technology Co. Ltd. and Zheng Drug Trafficking Organization) and three individuals of mainland China to the Specially Designated Nationals and Blocked Persons List for trafficking fentanyl to the United States. More

inside china

Tokyo-Beijing ties grow stronger

07 August 2019

The news that MUFG Bank – the largest banking group in Japan – has won approval to settle transactions in renminbi, the currency of Mainland China, is being seen by observers as a clear sign of a warming in relations between Tokyo and Beijing, as well as an indication of greater cooperation to come. More

venture hong kong

Matchmaker links corporates to banks

01 August 2019

Wherever they are, small and medium-sized enterprises (SMEs) may sometimes find the banking world hard to navigate and often confine their use of corporate banking services to account opening. More

hktdc research

Kazakhstan: Central Asia’s Global Financial Hub

31 July 2019

Kazakhstan’s Astana International Financial Centre is fast evolving as a ready connector for Central Asian enterprises to go global and foreign financial players to dip their toes in the burgeoning Central Asia market. As the international financial centre in Asia, Hong Kong is working closely with Kazakhstan in such sectors as banking and finance, legal and arbitration, start-ups, and education to turn vision into action. More

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