Granting of restricted banking licence to Korea Development Bank

Press Releases

19 Nov 2021

Granting of restricted banking licence to Korea Development Bank

The Hong Kong Monetary Authority announced today (19 November) that the Monetary Authority has granted a restricted banking licence to Korea Development Bank (KDB) under the Banking Ordinance. KDB is incorporated in the Republic of Korea. The granting of this restricted banking licence takes effect today (19 November).

After the granting of a restricted banking licence to KDB, the number of restricted licence banks in Hong Kong is 16.

 

Hong Kong Monetary Authority
19 November 2021

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Last revision date : 19 November 2021