EconomyWhy Hong Kong banks have shut down 40% of branches in recent years
Hong Kong banks have closed about 40 per cent of their physical branches in recent years, with the total falling from 1,500 to roughly 900, according to local banking executives. The number of licensed banks has remained stable at around 150, said Shanghai Commercial Bank CEO Sunny Cheung.
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South China Morning Post★★☆☆☆2026-09-25 10:01Original
Why Hong Kong banks have shut down 40% of branches in recent years
Economy