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Hong Kong Institute of Bankers Adds 6 Virtual Banks

In another example of the growing appeal of virtual banking in Hong Kong, six licensed virtual banks in the city have joined the Hong Kong Institute of Bankers (HKIB).

Virtual Banks Join HKIB
In a press statement issued by HKIB on Thursday (January 2, 2020), Hong Kong’s banking training and certification institute announced the addition of six new members to its ranks. The six newly included members are among the city’s freshly minted virtual banks.
With the latest addition, the HKIB now boasts more than 100 corporate members as well as over 6,000 individual members. The six virtual banks include WeLab Bank Limited, Fusion Bank Limited, and Bank of China-backed Livi VB.
Commenting on the decision to add these virtual banks, HKIB CEO Carrie Leung remarked:
The HKIB is thrilled to welcome six of the city’s virtual banks as…

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