Hang Seng Bank
Hang Seng Bank provides customer- centric banking, investment and wealth management services for individuals and businesses.
See below for the Latest Hang Seng Bank News, Analysis, Profit Results, Share Price Information, and Commentary.
Foreign trade outlook dims amidst economic and geopolitical concerns: report
                                                                                 
                    
                    Hang Seng Bank forecasts a 2.8% market expansion for 2024.
                
                                
            Foreign trade outlook dims amidst economic and geopolitical concerns: report
                                                                                                                 
                            
                            Hang Seng Bank forecasts a 2.8% market expansion for 2024.
                        
                                                
                        
    
                    Hang Seng bank declares third interim dividend of HK$1.2 per share
                                                                                                 
                        
                        The payment date is on 12 November 2024.
                    
                                        
                    
                Hang Seng Bank reduces lending rate, deposit rates
                                                                                                 
                        
                        Its prime lending rate and deposit rates are now 25 basis points lower.
                    
                                        
                    
                Hang Seng Bank taps Derek Ngai as new head of audit
                                                                                                 
                        
                        Ngai was head of audit for Hong Kong and Macau at HSBC.
                    
                                        
                    
                Hang Seng Bank’s profits up 1% to HK$11.3b in H1
                                                                                                 
                        
                        Net interest income and net operating income both rose.
                    
                                        
                    
                Breadwinners burdened with finances of 3 dependents on average
                                                                                                 
                        
                        Over 1 in 2 respondents manages the finances of spouses and parents/ in-laws.
                    
                                        
                    
                Breadwinners support at least 3 relatives financially: survey
                                                                                                 
                        
                        Breadwinners support spouses/partners, parents/in-laws, and children.
                    
                                        
                    
                Hang Seng Bank launches $80b green financing solutions fund
                                                                                                 
                        
                        The bank also launched green assessment and knowledge advocacy programmes.
                    
                                        
                    
                Hang Seng Bank maintains HKD lending and savings rate
                                                                                                 
                        
                        The lending rate is still 5.875% per annum.
                    
                                        
                    
                Hang Seng Bank floats Q1 dividend of HK$1.2 per share
                                                                                                 
                        
                        The payment date is set for 6 June.
                    
                                        
                    
                Hang Seng Bank warns against phishing email
                                                                                                 
                        
                        The emails lead to a fraudulent website that may request their bank or card information.
                    
                                        
                    
                Hang Seng Bank joins Hong Kong Jockey Club's financial literacy project
                                                                                                 
                        
                        The project will cover 4,200 families in transitional housing areas.
                    
                                        
                    
                Times China hit with winding-up petition
                                                                                                 
                        
                        The petition was filed over financial obligations of US$173.2m and $731.4m.
                    
                                        
                    
                Hang Seng Bank announced HK$3b share buyback programme
                                                                                                 
                        
                        Independent broker Merril Lynch will execute all buybacks.
                    
                                        
                    
                Hong Kong's growth dips amidst high policy rates
                                                                                                 
                        
                        The expansion will be driven by the recovery of tourism, and consumer spending.
                    
                                        
                    
                Hang Seng Bank unveils HK$33b SME Power Up Fund
                                                                                                 
                        
                        Products include an SME Financing Guarantee scheme and non-collateralized loans.
                    
                                        
                    
                Hang Seng Bank joins HKMA's Wholesale Central Bank Digital Currency Project
                                                                                                 
                        
                        The project will expand the use of tokenised money in Hong Kong.