ZA Bank sustains profitability with net profit reaching nearly 1.5 times the prior-year level
Hong Kong, 30 September 2026 — ZA Bank today announced its interim results for the six months ended 30 June 2026. The Bank delivered a solid overall performance, with net profit rising to nearly 1.5 times the level recorded in the same period last year, reaching HKD 70.6 million. This result has extended the Bank’s growth momentum since it first achieved profitability, demonstrating the sustainability of its business model.
Core businesses drive sustained profitability and steady growth
During the period, profitability was primarily driven by the Bank’s core businesses. Net interest margin, which outperformed the industry1, rose to 2.99%, while non-interest income continued to expand, with net revenue reaching HKD 578 million. These results underscore ZA Bank’s effective asset and liability management and operational execution, reinforcing its solid earnings capability and long-term competitiveness.
Wealth management drives record non-interest income
Wealth management continued to grow in the first half of 2026, driving a 76% year-on-year increase in the Bank’s net fee and commission income to a record HKD 123 million for the period. In particular, stock turnover rose by nearly seven-fold, while investment AUM increased by 155%.
ZA Bank became the first digital bank in Hong Kong to launch the Wealth Management Connect Southbound Scheme, and to offer business banking investment services. These initiatives further broaden the Bank’s investment services for retail and corporate customers, helping to expand its investment ecosystem and strengthen its diversified and resilient revenue base.
Leading across Asia
ZA Bank continued to advance digital banking services and received further recognition in Asia. At The Asset’s Triple A Digital Awards 2026, the Bank was named Digital Bank of the Year (Asia), standing out among traditional banks and further strengthening its market position and competitive advantage as a leading bank in Asia. ZA Bank also received NeoBank of the Year (Hong Kong) and Digital Asset Solution of the Year. Together, the awards recognise the Bank’s performance in product innovation, digital customer experience and solutions. This marks the fourth consecutive year that ZA Bank has been recognised by The Asset, reinforcing market confidence in its strategic direction and long-term development potential.
Calvin Ng, CEO of ZA Bank, said: “ZA Bank has achieved sustained profitability, demonstrating strong growth momentum and earnings resilience that stands as a testament to the trust the market and our users place in us. Our industry-outperforming net interest margin, combined with record-high net profit and non-interest income, fully validates the strength and sustainability of our "product-driven, user-first" model. As we embark on a new chapter, we will continue to deepen our one-stop services spanning wealth management, investment and spending, rewarding every vote of confidence with a reliable, efficient and human-centric digital banking experience.”
To view ZA Bank’s 2026 interim results, please visit: https://bank.za.group/agreement/pdf/en_US/1002650
Remarks:
1. Source: 2026 interim results of Hong Kong’s three note-issuing banks.
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About ZA Bank
Licensed by the Hong Kong Monetary Authority in 2019, ZA Bank was Hong Kong’s first digital bank to commence operations and is the largest digital bank in the city. It was also the first digital bank in Hong Kong to surpass one million users and achieve profitability.
Guided by its “user co-creation” philosophy, ZA Bank provides one-stop financial services to individual customers, SMEs and Web3 businesses, spanning banking, investment, insurance and business banking solutions. The Bank is committed to reshaping Hong Kong’s financial experience through innovative technology.
In recognition of its continued innovation and strong performance, ZA Bank has been named among the best digital banks in Asia and Hong Kong. It has received recognition from The Asset for four consecutive years and was also named one of Fortune’s “Asia’s Top 15 Digital Banks”. For more information, visit: https://bank.za.group
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