Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.

Hang Seng Bank and BOC Hong Kong have a loan-to-deposit ratio of 77% and 71%, respectively. It shows that both banks, at its core of the business model, take in deposits and turn them into loans.

Hang Seng Bank ('Hang Seng') today (18 November 2024) unveiled the newly renovated Hong Kong Main Branch in Central with the launch of Future Banking 2.0 – a bold transformation that seamlessly ...

HONG KONG — Hang Seng Bank can offer some advice to its ailing parent, HSBC Holdings: Stay local, stick to retail and commercial banking, and serve your customers snake soup.

Hong Kong’s Hang Seng Bank, a subsidiary of HSBC, reported a 23 per cent rise in net profit for 2017, beating expectations, helped by higher interest income and fee income from stockbroking and ...

HONG KONG - (NewMediaWire) - December 10, 2023 - (ACN Newswire) - InnoClub, a platform co-created by the Hong Kong Trade Development Council (HKTDC) and Hang Seng Bank for start-ups and SMEs in ...

Hang Seng, led by chief executive and vice-chairwoman Louisa Cheang, pays close attention to customer behaviour, and this has helped it to prosper in Hong Kong’s highly competitive retail banking ...

Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, is seeking an insurance partner after its existing agreement with Australia’s QBE Insurance Group Ltd. expired ...

Hong Kong-based lender Hang Seng Bank said on Thursday that it was restructuring its business and streamlining duplicate roles in a move that would lead to job losses for about 1% of its "core staff".

Hang Seng Bank has a 7% share of deposits in Hong Kong as of the end of 2023, ranking fourth in the market after HSBC with 33%, Bank of China (Hong Kong) with 16%, and Standard Chartered with 12%.

It’s hard not to like Hang Seng Bank, not least because their branches in stations across Hong Kong’s underground rail network make convenient places to meet. Handy branches don’t make a good bank, ...