InvestHK: Press Releases·2026-10-05 00:00· 16 days agoAI Score30

InvestHK Congratulates Bakai Bank on Receiving Hong Kong Banking Licence, Becoming First Central Asian Bank to Enter Asia-Pacific

Bakai Bank obtains Hong Kong banking license, making it first Central Asian bank in Asia-Pacific region

AI Summary

InvestHK announced on October 5, 2026 that Kyrgyzstan commercial bank Bakai Bank has been granted a Hong Kong banking licence by the Hong Kong Monetary Authority, becoming the first Central Asian bank to enter the Asia-Pacific region. The bank will establish a restricted-licence bank in Hong Kong under the name Bakai Bank Open Joint-Stock Company (Hong Kong Branch), serving the trade, investment and capital needs of the Central Asia–Asia-Pacific economic corridor. InvestHK will continue to assist the bank in exploring sustainable development financing and RMB-denominated financing business.

Source:InvestHK: Press Releases · investhk.gov.hk

InvestHK Cross-border Allocation Liquidity Policy and Budget #Policy Measures #Cross-border #Banking/Deposits #InvestHK #Hong Kong Monetary Authority

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