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Hong Kong’s 8 online banks set sights on managing wealth after 74% deposits growth

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Hong Kong’s eight digital banks have vowed to expand their wealth management businesses in the coming years, after five successful years of drawing customers’ deposits gave them the confidence to venture further into a territory long dominated by bricks-and-mortar banks. All eight of the branchless lenders reported a strong increase…

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Click here to read the full story: South China Morning Post

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