Banking Structure and Operations

Y. C. Jao
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Y. C. Jao: University of Hong kong

Chapter 3 in Banking and Currency in Hong Kong, 1974, pp 32-71 from Palgrave Macmillan

Abstract: Abstract Hong Kong is one of the very few places in the world that defy the universal trend towards the ‘central banking system’, in which the central bank at the apex of the banking sector exercises its leadership and control over the commercial banks and other intermediates. In the absence of a central bank, the study of banking in Hong Kong is primarily an analysis of the structure and operations of the commercial banking industry.

Keywords: Commercial Bank; Foreign Currency; Large Bank; Foreign Bank; Saving Bank (search for similar items in EconPapers)
Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02199-4_3

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DOI: 10.1007/978-1-349-02199-4_3

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