Overseas banks poised to offer broader choice

By Zhang Fengming (Shanghai Daily)
Updated: 2007-03-26 09:21

Entering The Market


Overseas banks to open as locally incorporated entities in April (location)

Hongkong and Shanghai Banking Corp (Shanghai)

Citigroup Inc (Shanghai)

Bank of East Asia (Shanghai)

Standard Chartered Bank (Shanghai)


Overseas banks preparing for local incorporation (location):

Hang Seng Bank (Shanghai)

Mizuho Corporate Bank (Shanghai)

Bank of Tokyo-Mitsubishi UFJ (Shanghai)

DBS Bank (Shanghai)

ABN Amro Bank N.V. (Shanghai)

Wing Hang Bank (Shenzhen)

Overseas-Chinese Banking Corp (Shanghai)

JP Morgan Chase & Co (Beijing)


Overseas banks applied for local incorporation:

United Overseas Bank

CITIC Ka Wah Bank

Nanyang Commercial Bank


Source: China Banking Regulatory Commission



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