Top List of Banks in Hong Kong
There are many banks in Hong Kong. If you are looking for a bank to open an account with, you can consider any one of them. For example, the Bank of East Asia Ltd. is a bank that has been operating for 100 years and offers many services, from insurance to investment banking. 989 is another option with fundamental transparency and fairness at its core.
If you're concerned about security regarding banking, there's no need to worry! Hong Kong Banks have so much experience in this area that they know what they're doing. But if you want advice on the best bank in Hong Kong, we recommend considering one of those mentioned here!
Hong Kong and Shanghai Banking Corporation (HSBC)
Founded in 1865 to finance the growing trade between Europe, India, and China, The Hong Kong and Shanghai Banking Corporation Limited (HSBC) is headquartered in London. It's one of the largest banking and financial services organizations globally, with around 220 branches in established and emerging markets.
The company offers an extensive range of financial services: personal financial services, commercial banking, corporate, investment banking and markets, private banking, asset management, and consumer finance.
Total assets: 2.98 trillion U.S. dollars
Employees: 30,000
Bank of China (Hong Kong)
Bank of China (Hong Kong) Limited (referred to as "Bank of China (Hong Kong)" or "BOCHK") is a leading listed commercial banking group in Hong Kong in terms of assets and customer deposits. BOCHK provides a wide range of banking services to personal and corporate customers through its head office and a network of over 190 branches in Hong Kong. BOCHK also operates Dongguan Sub-Branch, Guangzhou Branch, and Shenzhen Branch, which provide corporate banking services in the Pearl River Delta Region. BOCHK was the first bank to launch an NFC payment service in Hong Kong in 2014 and has offered mobile payment services since 2015.
Assets: 3.026 trillion HKD
Employees: 14,668
Hang Seng Bank
Hang Seng Bank Limited is a Hong Kong-based financial services company. The bank offers a range of financial services, including retail banking, wealth management, commercial banking, investment banking, global banking, and treasury services. Hang Seng Bank has its headquarters in TST Tower in Tsim Sha Tsui East.
In December 2019, Hang Seng Bank ranked the 13th largest bank in Asia by asset size. As of June 2019, its market capitalization was 1.677 trillion HKD, making it the fourth-largest company listed on the Hong Kong Stock Exchange.
Employees: over 9,680
Branches: around 260 service outlets in Hong Kong
Standard Chartered Bank (Hong Kong)
Standard Chartered Bank (Hong Kong) Limited is a Hong Kong-based branch of Standard Chartered as part of Standard Chartered's operations within Greater China. The bank is headquartered in Hong Kong and incorporated in Hong Kong on 14 August 1859.
Standard Chartered Bank (Hong Kong) Limited provides a range of banking and related financial services. The Company offers credit cards, loans, savings accounts, mutual funds, insurance, and foreign exchange services. Standard Chartered Bank serves customers in Hong Kong.
Assets: 1.176 trillion HKD
Employees: 85,000
Branches: 75
The Bank of East Asia
Founded in Hong Kong in 1918, The Bank of East Asia, Limited ("BEA") is dedicated to providing comprehensive corporate banking, personal banking, wealth management, and investment services to its customers in Hong Kong, Mainland China, and other major markets around the world.
BEA is the largest independent local bank in Hong Kong. With its network of over 200 outlets covering all major commercial areas throughout the region and its substantial presence in mainland China (20 branches), BEA offers you an extensive choice of consumer banking services and wealth management solutions.
Assets: 839 billion HKD (2018)
Employees: over 8,000
Industrial and Commercial Bank of China (ICBC)
Industrial and Commercial Bank of China Limited (HKSE: 1398) (SEHK: 3988), commonly known as ICBC, is a Chinese multinational banking company. It is the largest bank globally by total assets and market capitalization. It was founded as a limited company on January 1, 1984.
Industrial and Commercial Bank of China (ICBC) has 453,048 employees and 33.3 trillion yuan in assets.
It offers a full range of banking services to customers through its 17,000 Hong Kong and Macao branches.
The bank is committed to delivering quality financial products and services to individuals, businesses, corporations, and institutional customers in Hong Kong through its extended network across the country.
DBS Bank Hong Kong
DBS Bank Hong Kong was established in 1986 and is the city’s first locally incorporated domestic bank. It has 34 branches and provides a full range of financial services to individuals and large and small corporates.
DBS offers a comprehensive suite of financial products and services, including deposits, loans, credit cards, foreign currency exchange, wealth management advisory services, investment products, stock trading, insurance, and remittance. The bank also provides internet banking services for individuals and corporate customers.
Assets: 445.7 billion HKD
Employees: 4,000
OCBC Wing Hang Bank
The OCBC Wing Hang Bank is the fourth largest bank in Hong Kong, after HSBC, Standard Chartered Bank, and Bank of China (Hong Kong).
Assets: 297 billion HKD
Employees: 2,000
Branches: 430
Wing Hang provides a wide range of financial products and services to individual and corporate customers through an extensive network of Hong Kong and Macau branches.
The Group’s retail banking products include comprehensive deposit taking, loan financing, and wealth management. Our corporate banking services include trade finance, working capital, project finance loans, trade services, cash management, and treasury products.
Nanyang Commercial Bank (NCB)
Nanyang Commercial Bank is a commercial bank with headquarters located in Hong Kong. It is a subsidiary of the Nanyang Commercial Bank Group (NCBG).
Services it offers include personal banking, business banking, and corporate banking. In addition, it also provides a range of financial services, including wealth management and treasury products.
Assets: HKD 3.14 trillion (2020)
Employees: 456
Branches: 39
CITIC Bank International
CITIC Bank International is one of the largest commercial banks in Hong Kong. The bank offers a wide range of products and services, including corporate banking, retail banking, treasury services, global markets, wealth management, insurance, and investment banking. CITIC Bank International has a network of more than 27 branches located across Hong Kong and Macau.
The bank has more than 1 million customers and employs over 34,589 people. It is part of CITIC Group Corporation, China's largest conglomerate with businesses in financial services, resources and energy, manufacturing, engineering contracting, and real estate.
Total Assets: 474.7 billion USD
FAQs
Q. What are the largest banks in Hong Kong?
A. The Hongkong and Shanghai Banking Corporation (HSBC Hong Kong), Hang Seng Bank (Principal member of the HSBC Group), Bank of China (Hong Kong), and Standard Chartered Bank (Hong Kong)
