Nanyang Commercial Bank
Bank in Hong Kong / From Wikipedia, the free encyclopedia
Nanyang Commercial Bank (NCB, Chinese: 南洋商業銀行) is a bank based in Hong Kong and a wholly owned subsidiary of China Cinda Asset Management (Cinda), with 42 branches. It was established in Hong Kong on 14 December 1949.[1] NCB primarily focuses on corporate customers, in particular trading companies.[2]
Quick Facts Formation, Location ...
南洋商業銀行 | |
Formation | December 14, 1949; 74 years ago (1949-12-14) |
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Location | |
Website | ncb.com.hk |
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Quick Facts Traditional Chinese, Transcriptions ...
Nanyang Commercial Bank | |||||||||
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Traditional Chinese | 南洋商業銀行 | ||||||||
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In 2015, Cinda acquired Nanyang Commercial Bank from Bank of China (Hong Kong) for HK$68 billion. Cinda had purchased NCB to diversify its business in areas of cross-border finance.[3]