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
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