List Of Banks In Hong Kong
Hong Kong maintains a three-tier system of deposit-taking institutions, licensed banks, restricted-licence banks and deposit-taking companies. They are collectively known as authorised institutions by the Hong Kong Monetary Authority, which is responsible for regulations.
Hong Kong is the financial centre of East Asia. It has one of the highest concentrations of banking institutions in the world. 71 of the largest 100 banks in the world have an operation in Hong Kong. At the end of September 2004, there were 133 licensed banks, 42 restricted-licence banks and 36 deposit-taking companies in business, giving a total of 211 authorised institutions, with 1295 local branches. 186 of these 211 authorised institutions are beneficially owned by interests from 31 countries. In addition, there are 85 local representative offices of overseas banks in Hong Kong.
Read more about List Of Banks In Hong Kong: Licensed Banks, Restricted License Banks, Deposit-taking Companies, Local Representative Offices in Hong Kong, Approved Money Brokers in Hong Kong, Defunct, Renamed or Acquired Banks
Famous quotes containing the words list of, list and/or banks:
“Do your children view themselves as successes or failures? Are they being encouraged to be inquisitive or passive? Are they afraid to challenge authority and to question assumptions? Do they feel comfortable adapting to change? Are they easily discouraged if they cannot arrive at a solution to a problem? The answers to those questions will give you a better appraisal of their education than any list of courses, grades, or test scores.”
—Lawrence Kutner (20th century)
“Modern tourist guides have helped raised tourist expectations. And they have provided the natives—from Kaiser Wilhelm down to the villagers of Chichacestenango—with a detailed and itemized list of what is expected of them and when. These are the up-to- date scripts for actors on the tourists’ stage.”
—Daniel J. Boorstin (b. 1914)
“These, and such as these, must be our antiquities, for lack of human vestiges. The monuments of heroes and the temples of the gods which may once have stood on the banks of this river are now, at any rate, returned to dust and primitive soil. The murmur of unchronicled nations has died away along these shores, and once more Lowell and Manchester are on the trail of the Indian.”
—Henry David Thoreau (1817–1862)