macau travel

Directory of Macau Banks

There are currently 27 Macau Banks according to the Monetary Authority of Macao (AMCM), out of which 12 are locally incorporated (including the postal savings office) and 15 are branches of overseas banks.

With the exception of three off-shore banks, all Macau Banks are retail banks with full banking license. In addition, there is a finance company, with restrictive banking activities

The Monetary Authority of Macao (AMCM) was established in 1989 with the function of a quasi-central bank and the power to supervise the financial system of Macao. The Financial System Act was promulgated in 1993 with the introduction of reforms placing great emphasis on preventative actions, highlighting particularly prudential rules for controlling entry requirements, monitoring the suitability of qualified shareholders and managers, new operating risks and consolidated supervision of financial groups. The Act adopts the recommendations of the Basle Committee on Banking Supervision and the efforts of the European Union to achieve harmonization in banking legislation while drawing on the experiences of countries and territories whose financial systems are similar to Macao's.

Under the Financial System Act, the following licenses are granted on a case by case basis with the special and prior authorization of the Chief Executive of MacaoSAR, on advice from AMCM: -

a) incorporation of credit institutions in Macao;
b) opening of branches in Macao of credit institutions incorporated overseas;
c) setting up of subsidiaries and opening of branches and representative offices overseas by credit institutions incorporated in Macao and
d) setting up of financial intermediaries and financial institutions other than credit institutions, excluding those regulated by special legislation.

In addition, under Decree-Law no. 58/99/M of 18th October 1999 of Offshore Service Regime, banking licenses will also be granted subject to prior authorization of the Chief Executive of Macao SAR, on advice of AMCM

Monetary Authority of Macau
Monetary Authority of Macau

BCM bank is one of the leading Macau Banks. Since its establishment in 1974, BCM bank has been serving its local customers and working for the development of the Territory's economy by supporting its main infrastructure investment projects and being traditionally involved in the trade finance. Click here to check available Macau Banks Jobs: English :: Chinese

Bank of China, the oldest bank in China, 1912 is by far the biggest bank group in Macau. Click here to check available Macau Banks Jobs: English :: Chinese

Seng Heng Bank is a bank in Macau since 1972; owned by Sociedade de Turismo e Diversoes de Macau S.A.R.L. (STDM), which owns most of the casinos in Macau. Click here to check available Macau Banks Jobs: - English :: Chinese

Banco Nacional Ultramarino S.A. was founded in Lisbon, Portugal, in 1864, and starts its operations in Macau in 1902; a commercial and money issuing bank. Click here to check available Macau Jobs: English :: Chinese

Tai Fung Bank Limited, formerly Tai Fung Money Changer, was founded in 1942 by Mr. Ho Yin and several business magnates from Macau and Hong Kong. Owned by the family of the present Chief Executive of Macau. Chinese

Luso Bank - Luso International Banking Ltd.engages in general commercial banking business, especially in providing retail banking services. Descriptions are in Portuguese. Jobs

The Delta Asia Financial Group is a banking and financial services group in Macau and Hong Kong; known for investment banking , commercial banking and insurance. Chinese

Deloitte Touche Tohmatsu
Deloitte Touche Tohmatsu has had a full-services practice in Macau since 1981 to provide professional services to a wide array of clients.

Weng Hang Bank Macau
Weng Hang Bank Macau.


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