Local Corporations
The China Banking Regulatory Commission (CBRC) announced on 24 December 2006 its approval for nine foreign-funded banks to start their preparatory work for setting up local corporations in China. Currently, even more banks have been able to incorporate locally in China.
* - Does not service individuals
- ABN AMRO (Netherlands) (now RBS China due to de-merging)
- Australia and New Zealand Banking Group
- The Bank of East Asia (Hong Kong)
- The Bank of Tokyo-Mitsubishi UFJ (Japan) *
- Citibank (United States)
- DBS Bank (Singapore)
- Hang Seng Bank (Hong Kong)
- The Hongkong and Shanghai Banking Corporation (Hong Kong - see HSBC Bank (China))
- JPMorgan Chase Bank (United States) *
- Mizuho Corporate Bank (Japan) *
- Oversea-Chinese Banking Corporation (Singapore)
- United Overseas Bank (Singapore)
- Standard Chartered Bank (United Kingdom)
- Wing Hang Bank (Hong Kong)
- Dah Sing Bank (Hong Kong)
- Woori Bank (South Korea)
- Shinhan Bank (South Korea)
- Hana Bank (South Korea)
- Societe Generale (France)
- Bank of Montreal (Canada)
Read more about this topic: List Of Banks In The People's Republic Of China
Famous quotes containing the words local and/or corporations:
“Hey, you dress up our town very nicely. You don’t look out the Chamber of Commerce is going to list you in their publicity with the local attractions.”
—Robert M. Fresco, and Jack Arnold. Dr. Matt Hastings (John Agar)
“I cannot believe that our factory system is the best mode by which men may get clothing. The condition of the operatives is becoming every day more like that of the English; and it cannot be wondered at, since, as far as I have heard or observed, the principal object is, not that mankind may be well and honestly clad, but, unquestionably, that the corporations may be enriched.”
—Henry David Thoreau (1817–1862)