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Granting of banking licence to Bank Julius Baer & Co. Ltd.

Press Releases

13 Oct 2010

Granting of banking licence to Bank Julius Baer & Co. Ltd.

The Hong Kong Monetary Authority announced today (Wednesday) that the Monetary Authority has granted a banking licence to Bank Julius Baer & Co. Ltd. (BJBC) under the Banking Ordinance. The granting of this banking licence took effect on 13 October 2010.

BJBC is a bank incorporated in Switzerland and has maintained a local representative office in Hong Kong since 2006.

After the granting of a banking licence to BJBC, the number of licensed banks in Hong Kong has increased to 147.

For media enquiries, please contact:
Peggy Lo, Manager (Communications), at 2878 1687 or
Herbert Lam, Manager (Communications), at 2878 1213

Hong Kong Monetary Authority
13 October 2010

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Last revision date : 13 October 2010