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HK 2Q19 SVF Transaction Value $50B, Up 5.2% QoQ
The Hong Kong Monetary Authority (HKMA) published the statistics on Stored Value Facilities (SVF) for the second quarter of 2019. According to the quarterly statistics, the total n...
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HK 2Q19 SVF Transaction Value $50B, Up 5.2% QoQ
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2019/09/20 16:37
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The Hong Kong Monetary Authority (HKMA) published the statistics on Stored Value Facilities (SVF) for the second quarter of 2019.

According to the quarterly statistics, the total number of SVF accounts in use was 61.24 million by the end of Q2/2019, representing a 3.2% increase from the previous quarter. The total number of SVF transactions was around 1.6 billion for Q2/2019, or 2.0% higher than the previous quarter. The total value of SVF transactions was HK$50.0 billion for Q2/2019, representing a 5.2% increase from the previous quarter.
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