15pc Of ATMs Out Of Action This Weekend

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-10-19 HKT 09:19

Share this story

facebook

  • State-owned banks have been a particular target for protesters. Photo: AP

    State-owned banks have been a particular target for protesters. Photo: AP

The Hong Kong Monetary Authority says many ATMs will be out of action this weekend, as banks scramble to make repairs after vandalism by protesters.

The HKMA said on Saturday that it had been informed by banks that a number of cash machines would need to be serviced or withdrawn from use temporarily for safety or security reasons. It expects 85 per cent of machines to be available for use.

The SAR's de facto central bank said it had urged banks to make sure cash is replenished in the remaining ATMs. It also urged members of the public to take note of the situation and make use of online and electronic banking services where possible.

Protesters have targetted branches of state-owned banks including the Bank of China in recent weeks, as they take increasingly radical action in support of the five demands of the anti-extradition movement.

______________________________



Last updated: 2019-10-19 HKT 10:09

RECENT NEWS

HSBC And Standard Chartered Venture Reportedly Among First For Hong Kong Stablecoin Licenses

People familiar with the matter say HSBC and a joint venture led by Standard Chartered will likely be among the first f... Read more

Hong Kong Taxi E-Payment Adoption Surges, Hits 90% Ahead Of April 2026 Mandate

The taxi industry is moving decisively toward digital payments as the mandatory Hong Kong taxi e-payment requirement, s... Read more

SUNRATE Renames China Payment Unit Following Regulatory Approval

SUNRATE has changed the name of its China-licensed entity from Transfar Pay to SUNRATE Pay following following regulato... Read more

Bithumb Could Face Six-Month Business Suspension Over AML Breaches

Financial authorities plan to impose significant sanctions on virtual asset exchange Bithumb for breaching anti-money l... Read more

HSBC Hong Kong Enables Digital Consolidation Of Multiple Passbooks

HSBC Hong Kong has introduced a new Passbook Consolidation feature on the HSBC HK App, allowing customers to view and m... Read more

PAObank Launches Flexible Wealth Service For Retail Customers

PAObank has launched a new wealth service, offering a dual-advantage solution that allows customers to switch between i... Read more