#Hong Kong Monetary Authority
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10/5（一）
HKMA licenses Bakai Bank, city’s first from Central Asia
Hong Kong Monetary Authority (HKMA) has granted a banking licence to Bakai Bank, marking the first Central Asian bank to set up in Hong Kong amid closer ties in the economy and trade flows between China and the region, according to a statement on Monday. Bakai Bank, one of the largest lenders in Kyrgyzstan, will operate as a restricted licence bank in Hong Kong. It will be the 17th restricted licence bank in Hong Kong. Under the licence, it can take deposits of at least HK$500,000 (US$63,776)...
#Asia Pacific#Ministry of Commerce#Andreas Meletiou#Kyrgyzstan#Hong Kong#Bakai Bank
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