Ningbo, a port city in eastern China's Zhejiang province is now home to the country's first regional joint venture bank. The Bank of China and Fullerton Financial Holdings, a subsidiary of Singapore-based Temasek Holdings, jointly established the joint venture BOC Fullerton Bank on February 21, 2012, according to Xinhua.
Meet China's first rural joint venture bank
The first rural joint venture bank has opened in Ningbo – a sign of the increasing modernisation in China's regions
By
clpstaff
& clp articles