Banking in Hong Kong

Hong Kong is an international banking centre.

Over 70 of the world’s largest banks have a presence in our city.

The regional headquarters of 30 multinational banks operate here.

Regulation of Deposit-taking Institutions

Collectively known as Authorized Institutions. Supervised by the Hong Kong Monetary Authority (HKMA).


Licensed Banks
	May operate current and saving accounts
	Not restricted by the type of lending or investment business


Restricted Licence Banks
	Restricted in the amount and terms of deposits accepted from customers
	Not restricted by the type of lending or investment business


Deposit-taking Companies
	Restricted in the amount and terms of deposits accepted from customers
	Not restricted by the type of lending or investment business

Overseas banks may set up local representative offices in Hong Kong to perform liaison work between the bank and its Hong Kong customers.

Wish to learn more about the latest banking developments?
Visit the websites of the Hong Kong Monetary Authority and The Hong Kong Association of Banks.