Posts Tagged ‘ trade finance ’

ICBC Opens First Bank In Middle East

Oct 23rd, 2008 | By ChinaRetailNews.com Editor | Category: Banking & Payment

The Industrial and Commercial Bank of China has opened its first wholly-owned Middle East subsidiary bank in Dubai, the economic and financial center of the United Arab Emirates.

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Chinese Bank Opens In New York: First Since 1991

Oct 14th, 2008 | By ChinaRetailNews.com Editor | Category: Banking & Payment

China Merchants Bank has opened a branch at 535 Madison Avenue, New York, N.Y. — the first branch opened by a Chinese banking institution since the adoption of Foreign Bank Supervision Enhancement Act of 1991.

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