Date
21 September 2017

3 Japanese banks get nod for Shanghai FTZ branches, Kyodo says

Three major Japanese banks have been granted permission to set up branches in the Shanghai free trade zone, Xinhua reported Thursday, citing the zone’s management commission. The lenders are Bank of Tokyo-Mitsubishi UFJ Ltd., Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corp. Six other Japanese firms have already set up operations in the zone, the report said.

– Contact HKEJ [email protected]

TL/AC/SK

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