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ZA Bank becomes the first virtual bank in Hong Kong to declare profitability

Since the opening of eight virtual banks in Hong Kong in 2020, some of their peers have gradually moved towards profitability. Wu Zhonghao, the acting CEO of ZA Bank, said that due to the operating effect brought by the expansion of customer scale, revenue growth was recorded. Coupled with the adjustment of business strategy about a year and a half ago, it no longer relies solely on high-interest deposits to attract customers. This led to a single-month profit in July this year, becoming the fir...

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2024-09-04 04:45:51
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