Exchange Bank Association was originally established in 1897 in Hong Kong as a bank association in dealing with the foreign exchange business.
The association was crucial in the stabilizing of financial markets during the Colonial Hong Kong era from the 1890s to 1930s.
The 1960s and 70s would spawn new deposit-taking companies that set their own interest rates.
[citation needed] This Hong Kong–related article is a stub.
You can help Wikipedia by expanding it.This bank and insurance-related article is a stub.