HKMA Chief Yue: Banking System Is 'Extremely Resilient'

The video discusses the current state of banking systems in the US and Hong Kong. It highlights the steady increase in US banking deposits and the global interest in opening accounts in Hong Kong due to its stable banking system. The video also covers the resilience of Hong Kong's banks, emphasizing their strong capital adequacy and liquidity ratios. Additionally, it touches on the topic of deposit insurance, comparing the situations in the US and Hong Kong, and mentions a review of Hong Kong's deposit insurance coverage.

What has been the trend in deposits in the US banking system this year?

How has the Hong Kong banking system responded to the recent global financial events?

What are the capital adequacy and liquidity coverage ratios of Hong Kong's banks compared to international standards?

What is the current Deposit Insurance coverage in Hong Kong?

What factors are influencing the potential increase in Deposit Insurance coverage in Hong Kong?