Ant Bank (Hong Kong) Limited Is A Hong Kong Virtual Bank Under Ant Group, Which Officially Opened In September 2020.
History
Ant Bank (Hong Kong) Was Formerly Ant Merchant Services (Hong Kong) Limited, Which Was Incorporated In Hong Kong On August 16, 2018 By Ant Financial (now Ant Group). On May 9, 2019, The HKMA Issued A Virtual Banking License To Ant Merchant Services (Hong Kong). In July Of The Same Year, Ant Merchant Services (Hong Kong) Changed Its Current Name.
On March 31, 2020, Ant Bank (Hong Kong) Began Trial Operation.
On September 28, 2020, Ant Bank (Hong Kong) Officially Opened.
In November 2021, Ant Bank (Hong Kong) Announced The Appointment Of Liang Yanxun As CEO.
Products
In Addition To General Current Savings Deposits, The Bank Also Offers A "Deposit Treasure" Current Savings Deposit Product (similar To Yu'e Bao In Chinese Mainland), Which Can Earn Higher Interest Rates Than Ordinary Current Savings Deposits. When The Product Opened, The Annual Interest Rate Was As High As 2.5% To Attract Customers. In May 2021, Ant Bank Mini Program Launched AlipayHK, Which Is Convenient For Customers To Use The Deposit Treasure Account For Consumption, Bill Payment, Etc.
In January 2022, Ant Bank Launched A "proprietary Loan" Loan Program Specially Tailored For SMEs, Providing Unsecured Personal Revolving Loan Services.
