Hong Kong maintains a three-tier system of deposit-taking institutions, licensed banks, restricted licence banks and deposit-taking companies. They are collectively known as authorised institutions by the Hong Kong Monetary Authority, which is responsible for regulations.

Hong Kong is the financial centre of East Asia. It has one of the highest concentrations of banking institutions in the world. 71 of the largest 100 banks in the world have an operation in Hong Kong. At the end of September 2004, there were 133 licensed banks, 42 restricted licence banks and 36 deposit-taking companies in business, giving a total of 211 authorised institutions, with 1295 local branches. 186 of these 211 authorised institutions are beneficially owned by interests from 31 countries. In addition, there are 85 local representative offices of overseas banks in Hong Kong.

Licesnsed banks

Licensed banks may operate current and savings accounts, and accept deposits of any size and maturity from the public and pay or collect cheques drawn by or paid in by customers.

Licensed banks incorporated in Hong Kong

• Asia Commercial Bank Limited
• Bank of America (Asia) Limited
• Bank of China (Hong Kong) Limited
• Bank of East Asia, Limited (The)
• Chiyu Banking Corporation Limited
• Citibank (Hong Kong) Limited
• CITIC Ka Wah Bank Limited
• Dah Sing Bank Limited
• DBS Bank (Hong Kong) Limited
• Hang Seng Bank Ltd.
• Hongkong and Shanghai Banking Corporation Limited (The)
• Industrial and Commercial Bank of China (Asia) Limited
• International Bank of Asia Ltd.
• Jian Sing Bank Limited
• Liu Chong Hing Bank Limited
• MEVAS Bank Limited
• Nanyang Commercial Bank, Limited
• Shanghai Commercial Bank Ltd.
• Standard Bank Asia Limited
• Standard Chartered Bank (Hong Kong) Limited
• Tai Sang Bank Ltd.
• Tai Yau Bank Ltd.
• Wing Hang Bank Ltd.
• Wing Lung Bank Limited

Licensed banks incorporated outside Hong Kong

• ABN AMRO Bank N.V.
• Agricultural Bank of China
• American Express Bank Limited
• Australia and New Zealand Banking Group Limited
• Baden-Württembergische Bank Aktiengesellschaft
• Banca Di Roma , Societa' Per Azioni
• Banca Intesa S.P.A., also known as: Intesa S.P.A.
• Banca Monte Dei Paschi Di Siena S.P.A.
• Banca Nazionale Del Lavoro S.P.A.
• Banco Bilbao Vizcaya Argentaria S.A.
• Bangkok Bank Public Company Limited
• Bank Melli Iran
• Bank of America, National Association
• Bank of China Limited
• Bank of Communications
• Bank of India
• Bank of Montreal
• Bank of New York (The)
• Bank of Nova Scotia (The)
• Bank of Taiwan
• Bank of Tokyo-Mitsubishi, Ltd.(The)
• Bank Sinopac
• Barclays Bank Plc
• Bayerische Hypo-Und Vereinsbank Aktiengesellschaft
• Bayerische Landesbank
• Belgian Bank
• BNP Paribas
• BNP Paribas Private Bank
• Calyon
• Canadian Imperial Bank of Commerce
• Cathay United Bank Company , Limited
• Chang Hwa Commercial Bank , Ltd.
• Chiba Bank, Ltd. (The)
• China Construction Bank Corporation
• China Merchants Bank Co., Ltd.
• Chinatrust Commercial Bank , Ltd.
• Chugoku Bank , Ltd. (The)
• Citibank, N.A.
• Commerzbank AG
• Commonwealth Bank of Australia
• Coöperatieve Centrale Raiffeisen - Boerenleenbank B.A.
• Coutts Bank Von Ernst AG, also known as: Coutts Bank Von Ernst SA, Coutts Bank Von Ernst Ltd
• Credit Lyonnais
• Credit Suisse
• DBS Bank Ltd.
• Deutsche Bank Aktiengesellschaft
• DZ Bank AG Deutsche Zentral-Genossenschaftsbank , Frankfurt Am Main
• E.Sun Commercial Bank , Ltd.
• EFG Private Bank SA
• Equitable Pci Bank , Inc.
• Erste Bank Der Oesterreichischen Sparkassen AG
• First Commercial Bank , Ltd.
• Fleet National Bank
• Fortis Bank
• Governor and Company of The Bank of Scotland (The)
• Hachijuni Bank , Ltd. (The)
• Hana Bank
• Hong Leong Bank Berhad
• HSBC Bank International Limited
• HSBC Bank Plc
• HSBC Bank USA, National Association
• HSBC Private Bank (Suisse) SA
• HSH Nordbank AG
• Hua Nan Commercial Bank , Ltd.
• Indian Overseas Bank
• Industrial and Commercial Bank of China (The)
• ING Bank N.V.
• International Bank of Taipei
• International Commercial Bank of China Co., Ltd. (The)
• Iyo Bank , Ltd. (The)
• JPMorgan Chase Bank, National Association
• KBC Bank N.V.
• Korea Exchange Bank
• Malayan Banking Berhad
• Mitsubishi Trust and Banking Corporation (The)
• Mizuho Corporate Bank, Ltd.
• Natexis Banques Populaires
• National Australia Bank, Limited
• National Bank of Pakistan
• Oversea-Chinese Banking Corporation Ltd.
• Philippine National Bank
• Pt. Bank Negara Indonesia (Persero) Tbk.
• Public Bank Berhad
• Royal Bank of Canada
• Royal Bank of Scotland Plc (The)
• Sanpaolo Imi S.P.A.
• Shiga Bank Limited (The)
• Shinkin Central Bank
• Shizuoka Bank , Ltd. (The)
• Societe Generale
• Standard Chartered Bank
• State Bank of India
• State Street Bank and Trust Company
• Sumitomo Mitsui Banking Corporation
• Svenska Handelsbanken Ab (Publ)
• Taipei Fubon Commercial Bank Co., Ltd.
• Taishin International Bank Co., Ltd
• Taiwan Business Bank
• Toronto-Dominion Bank
• UBS AG, also known as: UBS SA, UBS Ltd
• UCO Bank
• UFJ Bank Limited
• Unicredito Italiano Societa' Per Azioni
• United Commercial Bank
• United Overseas Bank Ltd.
• Wells Fargo Bank , National Association
• Westlb AG
• Westpac Banking Corporation
• Woori Bank

Restricted license banks

Restricted licence banks are principally engaged in merchant banking and capital market activities. They may take deposits of any maturity of HK$500,000 and above.

Restricted license banks incorporated in Hong Kong

• Absa Bank (Asia) Limited
• Aig Finance (Hong Kong) Limited
• Allied Banking Corporation (Hong Kong) Limited
• Banc of America Securities Asia Limited
• Bank of Baroda (Hong Kong) Limited
• BOCI Capital Limited
• Canadian Eastern Finance Limited
• Citicorp Commercial Finance (H.K.) Limited
• Citicorp International Limited
• GE Capital (Hong Kong) Limited
• Hang Seng Finance Limited
• Indover Bank (Asia) Limited
• Industrial And Commercial International Capital Ltd.
• J. P. Morgan Securities (Asia Pacific) Limited
• KDB Asia Limited
• Kookmin Bank Hong Kong Limited
• Mitsubishi Securities (HK), Limited
• Mizuho Corporate Asia (HK) Limited
• N.M. Rothschild & Sons (Hong Kong) Limited
• Orix Asia Limited
• Pacific Finance (Hong Kong) Limited
• Scotiabank (Hong Kong) Limited
• Shinhan Finance Limited
• Societe Generale Asia Limited
• UBAF (Hong Kong) Limited

Restricted license banks incorporated outside Hong Kong

• Bank of Ayudhya Public Company Limited
• Bank of Bermuda , Limited (The)
• Bumiputra-Commerce Bank Berhad
• Dexia Banque Internationale À Luxembourg
• Hypo Real Estate Bank International
• Industrial Bank of Korea
• Kasikornbank Public Company Limited
• Lloyds TSB Bank Plc
• Mashreq Bank - Public Shareholding Company, also known as: Mashreqbank Psc
• Nedbank Limited
• Pt. Bank Mandiri (Persero) TBK
• Siam Commercial Bank Public Company Ltd. (The)
• Thai Military Bank Public Company Limited
• Union Bank of California, N.A.
• Wachovia Bank , National Association

Deposit-taking companies

Deposit-taking companies are mostly owned by, or associated with, banks. These companies engage in specialised activities such as consumer finance and securities business. They may take deposits of HK$100,000 or above with an original term of maturity of at least three months.

Deposit-taking companies incorporated in Hong Kong

• Argo Enterprises Co. Ltd.
• BCOM Finance (Hong Kong) Limited
• BII Finance Company Limited
• BPI International Finance Limited
• C.F. Finance Co. Ltd.
• Chau's Brothers Finance Company Limited
• Chohung Finance Limited
• Commonwealth Finance Corporation Limited
• Corporate Finance (D.T.C.) Limited
• Delta Asia Credit Limited
• Edward Wong Credit Limited
• First Metro Int'l Investment Company Limited
• Gunma Finance (Hong Kong) Limited
• Habib Finance International Limited
• Hachijuni Asia Limited
• HBZ Finance Limited
• Henderson International Finance Limited
• HKCB Finance Limited
• Hung Kai Finance Co. Ltd.
• IBA Credit Limited
• Inchroy Credit Corporation Ltd.
• Indo Hong Kong International Finance Ltd.
• JCG Finance Co., Ltd.
• Kexim Asia Limited
• Korea First Finance Ltd.
• Liu Chong Hing Finance Ltd.
• Michinoku Finance (Hong Kong) Limited
• Octopus Cards Limited
• Orient First Capital Limited
• Primecredit Limited
• Shacom Finance Ltd.
• Sumitomo Trust Finance (H.K.) Limited (The)
• Vietnam Finance Company Limited
• Wing Hang Finance Co. Ltd.
• Wing Lung Finance Ltd.

Local representative offices in Hong Kong

Overseas banks may establish local representative offices in Hong Kong. They are not allowed to engage in any banking business and its role is confined mainly to liaison work between the bank and its customers in Hong Kong.

• AIG Private Bank Ltd.
• Antwerpse Diamantbank NV, also known as: Antwerp diamond Bank Nv
• Arab Bank Plc
• Banca Antoniana-Popolare Veneta S.C.A R.L.
• Banca del Gottardo
• Banca Popolare dell'emilia Romagna Soc.Coop. A R.L.
• Banca Popolare di Ancona Societa' per Azioni
• Banca Popolare di Bergamo S.P.A.
• Banca Popolare di Novara – Società per Azioni
• Banca Popolare di Sondrio Soc. Coop. A R.L.
• Banca Popolare di Vicenza Soc. Coop. A R.L.
• Banco do Brasil S.A.
• Banco Popolare di Verona E Novara S.C.R.L.
• Banco Popular Español, S.A.
• Banco Santander Central Hispano , S.A.
• Bank Für Arbeit und Wirtschaft Aktiengesellschaft
• Bank Leumi Le-Israel B.M.
• Bank of Fukuoka , Ltd. (The)
• Bank of Kyoto , Ltd. (The)
• Bank of New York – Inter Maritime Bank , Geneva
• Bank of Yokohama Ltd. (The)
• Banque Cantonale Vaudoise
• Banque Privee Edmond de Rothschild S.A.
• BSI Ltd
• Cariprato - Cassa di Risparmio di Prato S.P.A.
• Cathay Bank
• China Development Bank Co., Ltd.
• China Everbright Bank
• China Minsheng Banking Corporation Limited
• Chinese Bank (The)
• CITIC Group
• Clariden Bank
• Clearstream Banking
• Credit Industriel et Commercial
• Credito Bergamasco S.P.A.
• D.A.H. Hambros Bank (Channel Islands) Limited
• Depfa Investment Bank Limited
• DVB Bank N.V.
• EFG Private Bank Limited
• Euroclear Bank
• Far Eastern International Bank
• Fiduciary Trust Company International
• Fuhwa Commercial Bank Co., Ltd.
• Guangdong Development Bank Co., Ltd.
• Habib Bank A.G. Zurich
• HSBC Bank Australia Limited
• HSBC Bank Canada
• HSBC Guyerzeller Bank AG
• HSBC Trinkaus & Burkhardt (International) S.A.
• Investec Bank Limited
• Japan Bank for International Cooperation
• Juroku Bank , Ltd. (The)
• Kagoshima Bank Ltd. (The)
• Korea Development Bank (The)
• Kredietbank S.A. Luxembourgeoise
• Land Bank of Taiwan
• LGT Bank in Liechtenstein AG, also known as: LGT Bank in Liechtenstein Ltd., LGT Banque de Liechtenstein S.A., LGT Banca di Liechtenstein S.A.
• Lloyds TSB offshore Limited
• Merrill Lynch Bank (Suisse) S.A
• Merrill Lynch International Bank Limited
• Metropolitan Bank and Trust Company
• Nanto Bank , Ltd. (The)
• National Bank of Canada
• Norinchukin Bank (The)
• Nishi-Nippon City Bank , Ltd. (The)
• Oita Bank , Limited (The)
• Ogaki Kyoritsu Bank , Ltd. (The)
• P.T. Bank Central Asia
• P.T. Bank Rakyat Indonesia (Persero)
• Raiffeisen Zentralbank Osterreich AG
• Resona Bank , Limited
• Rothschild Bank AG
• Schroder & Co Bank AG, also Known As: Schroder & Co Banque SA, Schroder & Co Banca SA, Schroder & Co Bank Ltd, Schroder & Co Banco SA
• Shanghai Pudong Development Bank Co. Ltd.
• Shenzhen Development Bank Limited
• Shoko Chukin Bank (The)
• Standard Bank of South Africa Ltd. (The)
• Standard Chartered (Jersey) Limited
• Taiwan Cooperative Bank
• UFJ Bank (Schweiz) AG, also known as: UFJ Bank (Switzerland) Ltd., UFJ Banque (Suisse) SA, UFJ Banca (Svizzera) SA
• Union Bank of Taiwan
• Veneto Banca S.C.A.R.L.
• Yamaguchi Bank , Ltd. (The)
• Yamanashi Chuo Bank , Ltd.

Approved money brokers in Hong Kong

• Associated Capital Limited
• BGC Capital Markets (Hong Kong) Limited
• Bloomberg Tradebook Hong Kong Limited
• EBS Service Company Limited
• FX Alliance , LLC
• Higas Company Limited
• ICAP (Hong Kong) Limited
• Prebon Yamane (Hong Kong) Limited
• Reuters Transaction Services Limited
• SMBC Capital Markets Limited
• Tradition (Asia) Limited
• Tullett Liberty (Hong Kong) Limited

Defunct, renamed or acquired banks

• Bank of China Group
• The Chartered Bank of India, Australia and China
• Chekiang First Bank
• DBS Kwong On Bank
• First Pacific Bank
• Fortis Bank Asia HK
• Generale Belgian Bank
• Hong Nin Savings Bank
• Kwong On Bank
• National Industrial Bank of China
• Po Sang Bank
• Sin Hua Bank Limited
• The National Commercial Bank Limited
• Wing On Bank

See also

• Economy of Hong Kong
• List of Hong Kong companies

External links

• Hong Kong Monetary Authority (HKMA)
• HKMA - Banking policy and supervision