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hong kong forex

HK regulator issues banking licence to China CITIC Bank Corporation Limited

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The Hong Kong Monetary Authority (HKMA) announced today that it has granted a banking licence to China CITIC Bank Corporation Limited (CNCB) under the Banking Ordinance.

CNCB is incorporated in the People’s Republic of China. The granting of this banking licence takes effect today.

After the granting of a banking licence to CNCB, the number of licensed banks in Hong Kong rises to 153.


Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.

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