The organisation provides wealth management among its offerings. Investment services cover funds, equities, and crypto trading. In the first half of 2025, total assets under wealth management grew by over 125 per cent year-on-year. 

The bank plans to further expand its crypto asset offerings and launch Hong Kong stock trading within the year, it said in a statement yesterday. 

“Looking ahead, we will continue to drive product-led growth with a focus on wealth management and diversified asset allocation. At the same time, we are actively exploring digital asset use cases, as we work towards becoming the digital wealth management partner of choice for our users,” ZA Bank CEO Calvin Ng (main picture), said.

In the first half of 2025, total customer deposits reached HK$21.1 billion ($2.72 billion), representing an 8.8 per cent year-on-year increase. Card transactions climbed by 33 per cent year-on-year, which ZA Bank said exceeded the market average.

The arrival of organisations such as ZA Bank, MooMoo and Tiger Brokers, to give just three, speaks to how digital, non-traditional players seek to compete with established banks, connecting in particular with Gen Z clients.

ZA Bank was licensed by the Hong Kong Monetary Authority in 2019.

At the end of March, ZA Bank announced Ng’s appointment, taking the helm from Ronald Iu, who stepped down.