PolyU Library
Journal Call no.HG1302.Q37
AuthorYam, Joseph.
Article TitleStability of the banking system in Hong Kong / Joseph Yam.
Is Part OfQuarterly bulletin / Hong Kong Monetary Authority ; no.1, Nov 1994, p.25-29.
AbstractBanks are highly geared and closely interlinked. The Hong Kong Monetary Authority is concerned with the stability of the financial system and providing a measure of protection to depositors. It therefore supervises the banks and may act as a lender of last resort in providing liquidity if systemic risks arise.