HKMA grants licence to China Minsheng Bank

China’s ninth largest bank is the 153rd licensed bank in Hong Kong.

The Monetary Authority has granted a banking licence to China Minsheng Banking Corporation.

The bank is incorporated on the Mainland.

According to the July issue of The Banker, it is the Mainland's 9th-largest bank in terms of Tier-1 capital.

View the full story here.

Follow the link for more news on

Join Hong Kong Business community