Hang Seng Bank (Hang Seng) expresses its support for the Hong Kong SAR Government's continued commitment to fostering financial technology innovation, solidifying Hong Kong's position as an international financial hub, and assisting local businesses.

Hang Seng welcomes the measures to boost Hong Kong's economy outlined in the Financial Secretary’s budget speech.

Hang Seng believes that the initiatives, including cross-boundary financial cooperation, asset and wealth management and offshore Renminbi business, will fuel further economic growth for Hong Kong.

Diana Cesar, executive director and chief executive at Hang Seng Bank said, "We welcome the initiatives announced in the budget speech. These measures will create more opportunities for the development of financial technology which aligns with Hang Seng Bank's commitment and endeavours. As Hong Kong's largest domestic bank, Hang Seng has always been working closely with the business community, especially the small and medium-sized enterprises, whilst upholding Hong Kong’s status as the International Financial Centre and a super-connector between mainland China and the rest of the world. We will continue to work alongside our customers and the government, leveraging our expertise and resources to contribute to Hong Kong’s success while delivering high-quality financial services.”

Re-disseminated by The Asian Banker