Standard Chartered Bank (Hong Kong) Limited Is A Commercial Bank Registered In Hong Kong. It Is One Of The Three Rotating Chairperson Banks Of The Hong Kong Association Of Banks And One Of The Three Major Hong Kong Dollar Note-issuing Banks (the Other Two Are SHBC And Bank Of China (Hong Kong)). The Current CEO Is Xuan Huiyi, Who Has Been In Charge Since January 2017.
In 1859, Standard Chartered Bank Of China In New Kingsoft, India Began To Operate In Hong Kong.
In 1862, Standard Chartered Bank Of China In New Kingsoft, India Began To Issue Hong Kong Dollar Banknotes In Hong Kong.
In 1969, Standard Chartered Bank And Standard Bank Of New Kingsoft, India Merged To Form What Is Now Standard Chartered.
In 2000, Standard Chartered Bank Acquired The Hong Kong Operations Of Chase Bank, Including Chase Manhattan Credit Cards And Manhattan ID Credit Cards, Which Were Launched With Commercial 2.
On July 1, 2004, Standard Chartered Bank Completed The Registration Procedures In Hong Kong, And The Business Injection Of Standard Chartered Bank Hong Kong Branch, "Manhattan Card Company Limited", Standard Chartered Finance (Hong Kong) Limited, Standard Chartered International Trade Products Limited And "Chartered Capital Corporation Limited" Was Fully Incorporated Into The Standard Chartered Bank (Hong Kong) Limited Registered In Hong Kong In March Of That Year. The Legislative Council Has Also Amended The Legal Currency Banknote Issuance Ordinance To Transfer The Right To Issue Banknotes From Standard Chartered Bank To Standard Chartered (Hong Kong). For This Reason, Standard Chartered Bank Will No Longer Issue Hong Kong Dollar Banknotes From 1 January 2005 (Hong Kong SHBC And Bank Of China (Hong Kong) Will Continue To Issue Banknotes) Until 1 January 2010 When New Banknotes Are Issued.
In July 2005, Standard Chartered Bank (Hong Kong) Announced A Five-year Co-operation Agreement With Hong Kong Disneyland, Becoming The Designated Bank For The Park. After The Opening Of Hong Kong Disneyland, Standard Chartered Bank (Hong Kong) Set Up Seven Bank Teller Machines In The Park To Provide Banking Services To Tourists.
Banks In Hong Kong Have Implemented Five-day Settlement Since 2006, And Standard Chartered Bank (Hong Kong) Has Provided Full-day Services (including Counter Services) From Saturday To Sunday Since September Of That Year.
In July 2007, HKMA Announced That Foreign Governments Should Not Hold More Than 20% Of The Shares Of Hong Kong Note-issuing Banks. Su Limin, CEO Of Standard Chartered Bank (Hong Kong), Said That All Banks In Hong Kong Accepted The Relevant Measures And Believed That The Measures Did Not Hinder The Operation Of Banks. He Also Believed That The Incident Had No Impact On Standard Chartered's Future Introduction Of Overseas Investors.
In December 2014, Standard Chartered Bank Sold Essence Credit And Shenzhen Essence Microfinance To China Travel Financial Holdings, Australian Financial Institution Group Pepper Australia, And A Consortium Of US-funded Hedge Fund York Capital.
In January 2015, Standard Chartered Bank Ended Its Global Equities Business And Laid Off About 200 Employees.
In September 2015, Standard Chartered Bank Sold Its Mandatory Provident Fund Business To Manulife Financial.
On October 26, 2015, Standard Chartered Bank Announced The Termination Of Structured Products For Listing On The Stock Exchange Due To The Need To Make Adjustments To Its Business.
In January 2022, Standard Chartered Bank Acquired Crown Trust Hong Kong Limited, A Subsidiary Of Royal Bank Of Canada. Crown Trust Hong Kong Is The Mandatory Provident Fund Trustee Of Sun Hung Kai Properties' Mandatory Provident Fund Employer-operated Scheme.
It Is Also One Of The Four Major Banks In Hong Kong. Hong Kong Is The Largest Market For Standard Chartered Group. Standard Chartered Bank (Hong Kong) Provides A Comprehensive Range Of Personal Banking Services, Including Credit Cards, Personal Loans, Mortgages, Deposits And Wealth Management.
Standard Chartered Group (Standard Chartered's Hong Kong Parent Company) Is Listed On Both The London And Hong Kong Stock Exchanges, And Is One Of The Top 25 Companies In The FTSE 100 Index (by Market Capitalization). The Listing Code Of The London Stock Exchange Is STAN; The Listing Code Of The Hong Kong Stock Exchange Is 2888.
Standard Chartered Bank (Hong Kong) Had Total Assets Of HK $2.456789 Trillion As Of December 31, 2020, Of Which Hong Kong Accounted For HK $2869.64 Billion, South Korea Accounted For HK $536.671 Billion, China Accounted For HK $324.315 Billion, Taiwan Accounted For HK $179.762 Billion, Customer Deposits 1.736729 Trillion HK Dollars, And Customer Advances 1.091656 Trillion HK Dollars.
Standard Chartered Bank (Hong Kong) Is Headquartered On The 32nd Floor Of Standard Chartered Building, 4-4A Des Voeux Road Central, Central. However, The Standard Chartered Bank Building Was Sold To The Hang Lung Group In 1992. The Main Operating Center Of Standard Chartered Bank (Hong Kong) Is Currently Located In The Standard Chartered Center In The First Phase Of Chuangzhi City, Kwun Tong.
