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Hong Kong Monetary Authority Considers Renaming Virtual Banks to ‘Digital Banks’ after Review

August 6, 2024
Hong Kong Monetary Authority Reviews Virtual Banks, Proposes Renaming to 'Digital Banks'

In recent news, the Hong Kong Monetary Authority (HKMA) has released a groundbreaking report evaluating the impact and performance of virtual banks (VBs) in the region. This review, conducted in 2024, sheds light on the … Read more

Categories Economy Tags Authority, Banks, considers, Digital, Hong, Kong, Monetary, Renaming, Review, Virtual

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