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BEA eyes stake in small Chinese banks

By Wang Zhenghua | China Daily | Updated: 2008-12-24 08:05

BEA eyes stake in small Chinese banks

Pedestrians walk past a newly launched branch of the Bank of East Asia in Hefei, Anhui province. CFP

SHANGHAI: Bank of East Asia (BEA) is looking at acquiring stakes in smaller Chinese banks and widening its deposit base on the mainland to fund its growing renminbi business.

BEA eyes stake in small Chinese banks

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