南洋商業銀行 | |
Formation | December 14, 1949 |
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Location | |
Website | ncb.com.hk |
Nanyang Commercial Bank | |||||||||
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Traditional Chinese | 南洋商業銀行 | ||||||||
|
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]
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]
It was reported in December 2018 that Nanyang Commercial Bank was one of the shareholders of a financial technology firm, Nova Credit, which had entered bid to a new Know Your Client utility platform to be implemented for banks in Hong Kong and greater bay China region. [4]
南洋商業銀行 | |
Formation | December 14, 1949 |
---|---|
Location | |
Website | ncb.com.hk |
Nanyang Commercial Bank | |||||||||
---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 南洋商業銀行 | ||||||||
|
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]
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]
It was reported in December 2018 that Nanyang Commercial Bank was one of the shareholders of a financial technology firm, Nova Credit, which had entered bid to a new Know Your Client utility platform to be implemented for banks in Hong Kong and greater bay China region. [4]