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Granting of banking licence to BSI Ltd

Press Releases

07 Dec 2011

Granting of banking licence to BSI Ltd

The Hong Kong Monetary Authority announced today (Wednesday) that the Monetary Authority has granted a banking licence to BSI Ltd (BSI) under the Banking Ordinance.  The granting of this banking licence took effect on 7 December 2011.

BSI is incorporated in Switzerland.  According to the July 2011 issue of The Banker, BSI is the 9th largest bank in Switzerland in terms of Tier-1 capital.

After the granting of a banking licence to BSI, the number of licensed banks in Hong Kong has increased to 152.

Hong Kong Monetary Authority
7 December 2011

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Last revision date : 07 December 2011