Mandatory Provident Fund
The "Mandatory Provident Fund Schemes Ordinance" (MPFSO) passed by the government in August 1995 makes provident fund a required benefit to be provided by all employers*. It provides the working population (normally residing and working in Hong Kong) with a comprehensive retirement protection. To care for our customers' needs, CMB Wing Lung Bank has partnered with 7 financial institutions to form the "Bank Consortium Trust Co Ltd", with an objective to provide top quality joint Mandatory Provident Fund Scheme to the customers of the member banks.

With continuous upgrading of advanced technology, CMB Wing Lung Bank strives to provide innovative and comprehensive services to suit your changing needs.

*"employer" means any person who has entered into a contract of employment to employ another person as his employee (Mondatory Provident Fund Schemes Ordinance - Cap. 485)