Granting of deposit-taking company registration to KEB Asia Finance Limited

Press Releases

19 Jun 2009

Granting of deposit-taking company registration to KEB Asia Finance Limited

The Hong Kong Monetary Authority announced today (Friday) that the Monetary Authority has registered KEB Asia Finance Limited (KAFL) as a deposit-taking company under the Banking Ordinance. The registration took effect on 19 June 2009.

KAFL is incorporated in Hong Kong. It is a wholly-owned subsidiary of Korea Exchange Bank. Korea Exchange Bank is the 7th largest bank in South Korea and it has a branch in Hong Kong.

After the granting of a deposit-taking company registration to KAFL, the number of deposit-taking companies in Hong Kong has increased to 28.

For further enquiries, please contact:
Thomas Chan, Communications Chief, at 2878 1480 or
Peggy Lo, Manager (Communications), at 2878 1687

Hong Kong Monetary Authority
19 June 2009

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Last revision date : 19 June 2009