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Upgrading of HBZ Finance Limited to a restricted licence bank

Press Releases

27 Feb 2015

Upgrading of HBZ Finance Limited to a restricted licence bank

The Hong Kong Monetary Authority announced today (27 February 2015) that the Monetary Authority has upgraded HBZ Finance Limited’s (HBZF) registration as a deposit-taking company to a restricted banking licence under the Banking Ordinance.  The upgrade takes effect today (27 February 2015).

HBZF is incorporated in Hong Kong and has been conducting the business of deposit-taking in Hong Kong since 1979. 

After the upgrade of HBZF, the number of restricted licence banks in Hong Kong is 22 while the number of deposit-taking companies in Hong Kong is 22 as well.

Hong Kong Monetary Authority
27 February 2015

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Last revision date : 27 February 2015