deposit-taking company

One of the three types of authorized institutions in Hong Kong under the Banking Ordinance. Deposit-taking companies are restricted to taking deposits of HK$100,000 or more with an original term to maturity of at least three months. These companies are mostly owned by, or otherwise associated with, banks. They engage in a range of specialised activities, including consumer finance, trade finance and securities business.

See also licensed bank, restricted licence bank and Three-tier Banking System.