南華早報·商業· Enoch Yiu·· 15 days agoAI score47
Hong Kong Monetary Authority grants licence to Bakai Bank, welcoming first Central Asian bank to Hong Kong
HKMA licenses Bakai Bank, city’s first from Central Asia
AI briefing
The Hong Kong Monetary Authority has granted a banking licence to Bakai Bank, one of Kyrgyzstan's largest banks, marking the first Central Asian bank to establish a presence in Hong Kong. Bakai Bank will operate as a restricted licence bank, becoming Hong Kong's 17th restricted licence bank, with a minimum deposit threshold of HK$500,000.
Source: 南華早報·商業 · scmp.com