Today’s top tech news: ZA Bank Ltd. diminishes established banks in Hong Kong by offering 6 per cent deposit rate

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  1. ZA Bank Ltd. in Hong Kong, “derogates” established banks by offering a 6 per cent deposit rate – Bloomberg News As 8 companies are granted digital banking licenses, ZA Bank Ltd. becomes the first digital bank to offer a 6 per cent deposit rate for selected clients, compared to 1.9 per cent to 2.3 per cent granted by…
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