中文       Deutsch       Français       日本語
Search      Subscribe
Home      Nation      World      Business      Opinion      Lifestyle       ChinAfrica       Multimedia       Columnists       Documents     Special Reports
Latest Headlines
China Approves Set-ups of Branches of Overseas Banks
 

China approved the establishment of branches of several overseas banks in its latest effort to open up financial sectors.

The China Banking and Insurance Regulatory Commission (CBIRC) approved the application of Arab Bank for setting up a branch in Shanghai, and the application of CTBC Bank for establishing a branch in Shenzhen, the regulator said on July 11 on its website.

A sub-branch of the Bank of East Asia in Shenzhen is to be upgraded into a branch, while subsidiaries of Chang Hwa Bank and Cathay United Bank in the Chinese mainland were allowed to open for business.  

(Xinhua News Agency July 11, 2018)

About Us    |    Contact Us    |    Advertise with Us    |    Subscribe
Partners: China.org.cn   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CGTN   |   China Tibet Online   |   China Radio International   |   Beijing Today   |   gb times   |   China Job.com   |   Eastday   |   CCN
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860号
Print
Chinese Dictionary: