News and Articles and News tagged 'Hong Kong'

Opening an account for company at BOC Hong Kong

Opening an account Bank of China Limited BOC is the largest group of banks in Hong Kong in respect of the assets and customer deposits. It is one of three banknote issuing banks in Hong Kong.

Opening bank account in Hong Kong

Opening bank account in Hong KongMost of the world famous banks have their head offices in Hong Kong. Today, the city occupies the 9th place in the ranking of financial centres in the number of external operations in the world and 2nd in Asia after Japan. The banking sector plays a crucial role in the development of Hong Kong as a trading and financial centre.

The Banking System of Hong Kong

The Banking System of Hong KongEvery bank in Hong Kong is subject to the Banking Act, which came into force in 1986. The law is repeatedly reworking by the authorities with the aim to improve some of its provisions and to bring it in line with current market conditions.