ICBC Opens First Bank In Middle East
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.
trade finance
Chinese Bank Opens In New York: First Since 1991
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.