EconomyHKMA licenses Bakai Bank, Hong Kong’s first Central Asian bank
The Hong Kong Monetary Authority has granted a banking licence to Kyrgyzstan-based Bakai Bank, making it the first Central Asian bank to establish operations in Hong Kong. It will operate as a restricted licence bank, one of 17 in the city, and may accept deposits of at least HK$500,000.
HKMA licenses Bakai Bank, Hong Kong’s first Central Asian bank
Economy