SFC, HKMA and 16 banks reach agreement on Minibonds

Following the offer of a repurchase scheme of Lehman Brothers Minibonds announced on 22 July 2009, a final resolution proposal for Series 10 to 12, 15 to 23 and 25 to 36 of the Minibonds which are participated by 16 distributing banks, was announced on 28 March 2011.

For further details on the Repurchase Scheme, please refer to SFC and HKMA welcome Minibond collateral recovery agreement.

As a result of the acquisition on 20 March 2010 by ANZ of the RBS Retail and Commercial Business in HK, RBS has a dedicated point of contact to ensure that any issues or complaints in connection with banking services that RBS provided prior to 20 March 2010 will continue to be dealt with and resolved in an efficient manner by RBS.

For any queries or complaints in relation to:

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