Client Affairs

Hong Kong Banks Return To Normal Operations

Tom Burroughes Group Editor 23 October 2014

Hong Kong Banks Return To Normal Operations

Banking services in Hong Kong appeared to be working completely as normal yesterday after Hang Seng Bank announced that all outlets, including those affected by recent pro-democracy demonstrations, had reopened.

Banking services in Hong Kong appeared to be working completely as normal yesterday after Hang Seng Bank announced that all outlets, including those affected by recent pro-democracy demonstrations, had reopened.

“All Hang Seng Bank service outlets, including the Mongkok Prestige & Preferred Banking Centre at 677 Nathan Road which has been suspended from services earlier, will open for business on 22 October 2014,” Hang Seng said in a statement.

Separately, the Hong Kong Monetary Authority, which has provided a daily newsfeed on the state of banking amid the protests, said that as at 9 am yesterday, one previously affected bank branch would reopen while all other bank branches had resumed normal business. Some two branches of two banks were due to shorten business hours yesterday – it did not say which.

The demonstrations and associated disruption to parts of the city has provoked an unusually blunt call by the banking sector for the protests to end, amid fears of lasting damage to Hong Kong’s reputation as a financial centre. For more on that story, click here.

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