banking system of Hong Kong
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banking system of Hong Kong

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Published by Butterworths in Hong Kong .
Written in English

Subjects:

  • Banks and banking -- China -- Hong Kong.,
  • Hong Kong (China) -- Economic policy.

Book details:

Edition Notes

Includes bibliographical references and index.

StatementTK Ghose.
Classifications
LC ClassificationsHG3352 .G34 1995
The Physical Object
Paginationxiv, 318 p. ;
Number of Pages318
ID Numbers
Open LibraryOL19027059M
ISBN 100409997439, 0409998125

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Established on 1 October , Bank of China (Hong Kong) Limited (referred to as Bank of China (Hong Kong) or BOCHK) is a locally incorporated licensed bank. Bank of China (Hong Kong) is a leading listed commercial banking group in Hong Kong in terms of assets and customer deposits and offers a comprehensive range of financial products and services to personal and corporate customers. Eastern Banking: Essays in the History of the Hong Kong and Shanghai Banking Corporation (The Hongkong Bank Group history series) [King, Frank H. H.] on *FREE* shipping on qualifying offers. Eastern Banking: Essays in the History of the Hong Kong and Shanghai Banking Corporation (The Hongkong Bank Group history series). Wikipedia list article Hong Kong maintains a three -tier system of deposit-taking institutions, i.e. licensed banks, restricted licence banks and deposit-taking companies. They are collectively known as authorized institutions supervised by the Hong Kong Monetary Authority (HKMA).   Despite the bad incentives of the regulations in place, the HK ‘free’ banking system was spared from inflation and bank failures. Furthermore, Hong Kong enjoyed higher growth rates than the USA. So I consider this free banking episode as a relevant one. References. Chu, K. H. ().