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Trading

List of Banks in the Hong Kong Special Administrative Region

Published by Gbaf News

Posted on June 13, 2012

1 min read

· Last updated: June 11, 2018

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List of Banks in Hong Kong SAR

See the list below to find out the banks in Hong Kong’s Special Administrative Region
Major banks

Major Banks Operating in Hong Kong

Bank of China (Hong Kong)
Hang Seng Bank
Hong Kong and Shanghai Banking Corporation
Standard Chartered Bank
Bank of East Asia
Bank Negara Indonesia

Defunct and Merged Banks in Hong Kong

Defunct or merged banks

Notable Closed or Consolidated Banks

Bank of Canton
First Pacific Bank
Fortis Bank Asia HK
Generale Belgian Bank
Hong Nin Savings Bank
Kwong On Bank
The National Commercial Bank Limited
Wing On Bank
 

See the list below to find out the banks in Hong Kong’s Special Administrative Region
Major banks

Bank of China (Hong Kong)
Hang Seng Bank
Hong Kong and Shanghai Banking Corporation
Standard Chartered Bank
Bank of East Asia
Bank Negara Indonesia

Defunct or merged banks

Bank of Canton
First Pacific Bank
Fortis Bank Asia HK
Generale Belgian Bank
Hong Nin Savings Bank
Kwong On Bank
The National Commercial Bank Limited
Wing On Bank
 

Key Takeaways

  • Hong Kong's banking sector is structured under a three‑tier system regulated by the HKMA.
  • Major incumbent banks include Bank of China (Hong Kong), Hang Seng, HSBC, Standard Chartered, and Bank of East Asia.
  • Foreign banks such as Bank Negara Indonesia operate licensed branches in Hong Kong.
  • Several historical institutions—e.g., Po Sang Bank, Hang Lung Bank, Far East Bank—have merged or been absorbed over time.
  • Hong Kong remains a global finance hub hosting numerous international banks and virtual banking players.

References

Frequently Asked Questions

What are the three tiers of Hong Kong’s banking system?
Licensed banks (full services), Restricted licence banks (limited scope with high minimum deposits), and Deposit‑taking companies (smaller, specialised firms) regulated by the HKMA.
Does Bank Negara Indonesia operate in Hong Kong?
Yes, Bank Negara Indonesia maintains a licensed branch in Hong Kong under foreign‑licensed banks.
What happened to Po Sang Bank?
Po Sang Bank, established in 1949, was merged into Bank of China (Hong Kong) in 2001 as part of BOC’s restructuring.
Into which bank did Hang Lung Bank merge?
Hang Lung Bank was acquired by Dao Heng Bank in 1989 and then merged into DBS Bank (Hong Kong) in 1990.
How did Far East Bank evolve?
Far East Bank was merged into First Pacific Bank in 1992, which was later acquired and integrated into Bank of East Asia in 2002.

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