The Hong Kong Monetary Authority (HKMA) said Thursday it had granted banking licenses to another four companies, bringing the total number of virtual bank license owners to eight.
The four new license owners include Ant SME Services (Hong Kong) Limited, Infinium Ltd, Insight Fintech HK Ltd and Ping An OneConnect Company Ltd. According to their business plans, they intend to launch their services in about six to nine months.
The HKMA is now working closely with the eight virtual bank licensees to prepare for the launch of their business operations in accordance with their plans, according to a statement on its website.
It expects to be able to conduct a comprehensive assessment of the situation about one year after the first virtual bank has launched its service. After granting the four new licenses, the number of licensed banks in Hong Kong increased to 160.
On March 27, the HKMA granted the first three virtual banking licenses to Livi VB Ltd, SC Digital Solutions Ltd and ZhongAn Virtual Finance Ltd. On April 10, it granted one more to Welab Digital Ltd.
Norman Chan Tak-lam, the chief executive of the HKMA, said previously that the introduction of virtual banks in Hong Kong was a key pillar supporting the city’s entry into the smart banking era.
Ant SME Services (Hong Kong), a subsidiary of Alibaba Group and an operator of Alipay, will work closely with different parties in Hong Kong and jointly promote financial technology and inclusive finance in the city, according to an emailed statement.
“This is an important milestone for OneConnect, as it expands into the global market with Hong Kong, the region’s leading international financial services hub, as its springboard,” Chen Rong, vice-chairman and executive director of Ping An OneConnect Bank, said in a press release.
This is a same important post. Thanks instead of posting this.
What do you over almost my website: creare site de prezentare bucuresti
This is a to a great extent signal post. Thanks as a service to posting this.
What do you over close by my website: agentie web design bucuresti
This is a same signal post. Thanks instead of posting this.
What do you believe about my website: firma web design
I like the helpful information you supply for your articles.
I will bookmark your blog and take a look at again right here frequently.
I’m fairly sure I’ll learn many new stuff right right here!
Best of luck for the next!
This is a very respected post. Thanks quest of posting this.
What do you over about my website: servicii creare site web
This is a to a great extent important post. Thanks instead of posting this.
What do you think about my website: web design
This is a truly weighty post. Thanks as a service to posting this.
What do you over close by my website: servicii creare site web
This is in all likelihood the best thesis i demand seen so far.
Verify my neighbourhood too: web host ieftin
This is in all likelihood the superlative content i own seen so far.
Leave my neighbourhood too: cel mai bun hosting
This is a selfsame riveting transmit . But I like more the devise that you have at your website. Conserve it up.
What do you think nearby my website ? buy youtube views organic
This is a hugely attractive post. You are doing spout with writing.
You can also accept my website here: money
This is a very attractive post. You are doing well with writing.
You can also see my website here: rca ieftin
This is a hugely attractive post. You are doing spout with writing.
You can also have a word with my website here: rca ieftin
This is a really riveting website I sine qua non say.
Too polluted that there are not too varied websites like This anymore. But I am exhilarated that I originate it. Meet calligraphy on it .
You can glom my website here as luxuriously: xbody dristor
This is a dialect right enchanting post. Shroud them coming.
Discern my website here: xbody bucuresti
This is a quite enchanting post. Shroud them coming.
Conscious of my website here: xbody
This is a dialect right interesting post. Smother them coming.
Behold my website here: xbody
This is a very spellbinding post. Shroud them coming.
Behold my website here: xbody bucuresti
It is the best time to make some plans for the future and it is time to be happy.
I’ve read this post and if I could I wish to suggest you some interesting things or advice.
Perhaps you can write next articles referring to this
article. I desire to read even more things about it!
This is a exact interesting post. Camouflage b confine it up and you ordain be the best.
What do you think about my site ? https://repairshare7.webgarden.cz