You are here

Hong Kong banks vie for young customers

They are offering online perks to people aged 18-24 who are key to future retail profit

SMARTENING UP: Citibank is appealing to younger customers with 19 "smart" branches that boast touch panels and video conferencing facilities.

Hong Kong

BANKS in Hong Kong are intensifying the battle for young customers who are key to their future retail profit, offering online perks and mobile banking products in a bid to erode the dominance of HSBC in its Asian stronghold.

Like peers around the world, banks operating in