Hong Nin Savings Bank ended in 1986.
Ho Hong Bank ended in 1932.
Empire Savings Bank ended in 1995.
Greenwich Savings Bank ended in 1981.
Independence Savings Bank ended in 2006.
Ladora Savings Bank ended in 1931.
Trustee Savings Bank ended in 1985.
Union Bank of Hong Kong ended in 2000.
Dollar Dry Dock Savings Bank ended in 1992.
East New York Savings Bank ended in 1997.
With current daylight savings Hong Kong is 8 hours ahead of the United Kingdom. When the clocks go forward at the end of March the time difference will be 7 hours.
It means that the bank will pay you an interest that equals that rate on the money that you hold in your savings account. In India the rate is 4%. Also, it is calculated on a daily end of day balance method.
The benefit of having a a savings account is that your money is safe and protected in a bank. Not only that but there is an interest rate which will add to you account generally at the end of every month. It also makes your money more easily accessed.