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Hong Kong virtual bank with 6.8% deposits cools price war talk

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The first of Hong Kong's new generation of virtual banks has no plans to start a broader price war even as customers flocked to its introductory deposit rate of almost 7 per cent.

[HONG KONG] The first of Hong Kong's new generation of virtual banks has no plans to start a broader price war even as customers flocked to its introductory deposit rate of almost 7 per cent.

ZA Bank Ltd, one of eight firms preparing to start digital-only banks in Hong Kong, saw interest...

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