Journal Call no. | HG1302.Q37 |
---|
Author | Yam, Joseph. |
---|
Article Title | Stability of the banking system in Hong Kong / Joseph Yam. |
---|
Is Part Of | Quarterly bulletin / Hong Kong Monetary Authority ; no.1, Nov 1994, p.25-29. |
---|
Abstract | Banks 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. |
---|