Hong Kong’s banks say they have adequate cash to meet demand, even as calls circulate online for protesters to empty out ATMs

https://ift.tt/eA8V8J
HongKong’sbiggestbankssaidtheyhaveenoughcurrencynotesonhandtohandleanyextraordinaryincreaseindemandforcash,ascallscirculatedonlineforprotesterstoemptyoutautomatedtellermachines(ATMs)todisruptthebankingsysteminAsia’sfinancialhub.HSBC,thelargestofthecity’sthreecurrency-issuingbanks,saidit“hassufficientsupplyofbanknotesandiscommittedtosupportingitscustomersandthesmoothoperationofthefinancialsysteminHongKong,”accordingtoabankspokeswoman.BankofEastAsia,DBS…

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South China Morning Post provides Hong Kong economy news including annual budget, MPF pensions, retail and transport.

https://www.scmp.com/

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