The operation of the moratorium on new bank licenses on the Hong Kong banking system 1965-81

<p>In the mid-1960s two major institutional changes decreased the freedom for competition among banks in Hong Kong. In 1964, in response to a supposed 'interest rate war' the Exchange Banks Association (the precursor to the Hong Kong Association of Banks) was able to negotiate an Int...

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Bibliographic Details
Main Author: Schenk, CR
Format: Working paper
Language:English
Published: Hong Kong Institute for Monetary Research 2006