Hang Seng Bank Ltd - Company Profile
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Hang Seng Bank Ltd (Hang Seng) is a provider of banking and other financial solutions. Improved cost efficiency net interest margin and capital adequacy are a few of its key strengths, even as its business performance of Global Markets segment could be causes of concern. Growing markets for payment channels, growing wealth management prospects in Hong Kong and strategic initiatives could offer ample growth opportunities to Hang Seng. However, the emergence of neobanks, intense competition, and risk related to online identity theft and hacking could have an adverse effect on its growth.
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