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BIZCHINA> Top Biz News
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HK grants banking license to China Development Bank
(Xinhua)
Updated: 2009-06-26 14:00
CDB is a bank incorporated on the Chinese mainland and has maintained a local representative office in Hong Kong since 1999. It is the fifth largest commercial bank in terms of total assets on the mainland. After the granting of a banking license to CDB, the number of licensed banks in Hong Kong has increased to 145. (For more biz stories, please visit Industries)
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