Date
20 August 2017

HSBC to open sub-branch in FTZ early 2014, statement says

HSBC Bank (China) Co. has secured approval from the China Banking Regulatory Commission to open a sub-branch in the Shanghai Free Trade Zone early next year, the bank said in a press release on Tuesday. It has become one of the first foreign banks allowed to open an outlet in the zone. The branch will provide a wide range of cross-border financial services to corporate and individual customers in the pilot zone, it said.

– Contact HKEJ at [email protected]

JZ/CG

 

 

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