China Banking Regulatory Commission approves nine foreign-funded banks

Sushubh

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China Banking Regulatory Commission approves nine foreign-funded banks
The Chinese Banking Regulatory Commission (CBRC) has announced that they have now approved nine foreign-funded banks to operate in the region.
With this, these banks can transform their Chinese branches into locally incorporated banks registered in the country.
The banks which are now approved are Standard Chartered Bank, the Bank [...]

http://business.techwhack.co/1583/china-b...ory-commission/
 

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