Hong Kong Association of Banks (HKAB)

Chinese Version

A statutory body established in 1981 under the Hong Kong Association of Banks Ordinance (HKAB Ordinance) to replace the Hong Kong Exchange Banks Association. All banks are required to become members of HKAB and to observe the rules made by the Association under the HKAB Ordinance. The main objects of HKAB, among others, are to further the interests of banks, to make rules for the conduct of the business of banking, to act as an advisory body to its members in matters concerning the business of banking, and to provide facilities for the clearing of cheques and other instruments.

See also DTC Association and Hong Kong Interbank Clearing Limited.