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HSBC Becomes First International Bank For Rural China

Aggregated Source: ChinaRetailNews.com
August 13, 2007|

The Hongkong and Shanghai Banking Corporation Limited says it has received approval from the China Banking Regulatory Commission to establish a bank in rural China. HSBC, the largest international bank in China, will operate in one of the designated rural areas in China's pilot program for rural banking through a new wholly-owned entity, HSBC Rural Bank [...]

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