Ant Bank launch marks another milestone for Ant Group’s expansion in Hong Kong ahead of mega listing

//Ant Bank launch marks another milestone for Ant Group’s expansion in Hong Kong ahead of mega listing

Ant Bank launch marks another milestone for Ant Group’s expansion in Hong Kong ahead of mega listing

Ant Bank (Hong Kong), the virtual banking arm of Ant Group, on Monday became the sixth branchless lender to start operations in the city and said that it would partner with AlipayHK to tap its two million users to avail of its services.The lender, which recently completed a three-month trial, is following in the footsteps of its peers by offering high interest rates to draw depositors. Ant Bank is offering a 2.5 per cent interest rate for deposits of up to HK$20,000 and 1 per cent for deposits…

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By | 2020-09-28T03:35:52+00:00 September 28th, 2020|Business|Comments Off on Ant Bank launch marks another milestone for Ant Group’s expansion in Hong Kong ahead of mega listing