The Three-Tier Banking System

Web-Based Question 5

Structure of the Banking System (The Three-tier Banking System) and Banking Supervision in Hong Kong

Categories Licensed Banks Restricted licensed banks Deposit-taking companies Examples of any three authorized institutions (AI) incorporated in HK: Name in English (Name in Chinese) Main Business Minimum Deposit Amount Minimum Deposit Maturity Minimum Assets of AI incorporated in HK N/A Minimum Deposits of AI incorporated in HK N/A Licensing Requirements: Minimum paid-up capital Minimum Capital Adequacy Ratio (Statutory) Maximum Capital Adequacy Ratio (to be raised by the Monetary Authority at his/her discretion) Minimum Liquidity Ratio Number of institutions (as at ) Source: 1. HKMA / Information Centre: Publications / Reference Books: Banking / HKMA Background Brief No.2: Banking Supervision in Hong Kong (2nd ed.) 2. HKMA / Policy Areas: Banking Stability / Guide to Authorization / Chapter 4 Authorization / paragraphs 4.40 and 4.50 Name:______

Date:______Section No.______Group No.______