HKMA’s Update Report on the operation of the banking system (1)

According to the reports to the HKMA from banks as at 10.30am today, 6 bank branches, offices or ATMs have re-opened while 13 additional ones have been affected and temporarily closed since the last announcement at 8.30am.   At present, there are a total of 36 branches, offices or ATMs of 20 banks are temporarily closed.   Customers should pay attention to the announcements from relevant banks.  The HKMA will also publish an update from time to time the list of affected banks on its website. 

The Hong Kong dollar eased slightly at opening but the exchange rate remained generally steady.   The foreign exchange market functions normally.   There is ample liquidity in the interbank markets and HIBOR are at similar levels as last week. 

As at 10.30am today, the Hong Kong dollar, RMB, US dollar and Euro Real Time Gross Settlement systems recorded a total transaction volume equivalent to HK$145 billion, which is about normal.

Hong Kong Monetary Authority
29 September 2014