Hong Kong Monetary Authority (Central Bank of Hong Kong)

By: EconomyWatch   Date: 9 September 2010

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The Hong Kong Monetary Authority is the Central Bank of the Hong Kong founded in the year 1993. The Hong Kong Monetary Authority is a Government Organization established through the banking Ordinance in the country.

The Banking Ordinance has rendered powers and regulations for supervising banking system in the country.

Important functions of the Hong Kong Monetary Authority are as follows:

  • Maintaining both Monetary and fiscal stability
  • Managing the Foreign Exchange Reserves
  • Strengthening the Banking system in the country
  • Developing infrastructure for smooth functioning of the banking system

The Monetary Authority of the country has largely contributed to the country's economy. The initiatives undertaken by the bank from time to time has brought tremendous success for the country's economy in the recent years.The address and the contact details of the Bank of Albania is as follows:
The Address and Contact details of the bank is as follows:

Hong Kong monetary Authority

Address: 30th Floor 3 Garden Road, Central HONG KONG Phone No.: ++852-2878 -8196; -8203 Fax: -10223


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