Hongkong Chinese Bank
Privately owned | |
Industry | Finance |
Founded | 1955 |
Defunct | 2002 |
Headquarters | Hong Kong |
Parent | HKCB Bank Holding Company Limited |
The Hongkong Chinese Bank Limited (HKCB) (Traditional Chinese: 香港華人銀行有限公司) was a bank in Hong Kong. It was owned by HKCB Bank Holding Company Limited (former stock code: SEHK: 655), a joint venture company owned by the Lippo Group and the China Resources Group. It was acquired and merged to CITIC Ka Wah Bank.[1] It was one of the pilot banks in Hong Kong to accept digital signature of Hongkong Post.[2]
History
- 1955: Hongkong Chinese Bank was founded in Hong Kong.
- 1997: China Resources acquired 50% stake of Hongkong Chinese Bank.[3]
- January 2002: CITIC Ka Wah Bank acquired Hongkong Chinese Bank for HK$4.2 billion.[4]
- November 2002: CITIC Ka Wah Bank merged with Hongkong Chinese Bank. The banking business of CITIC Ka Wah Bank was transferred to Hongkong Chinese Bank. CITIC Ka Wah Bank became a financial holding company operating under the name CITIC International Financial Holdings Limited, while Hongkong Chinese Bank's name was changed to CITIC Ka Wah Bank Limited.[5]
See others
References
- ↑ CITIC Ka Wah Bank Buys Hongkong Chinese Bank for HK$4.2 Billion, Moving into Fourth Place among Hong Kong Listed Banks
- ↑ HKCB Bank-Cert Creates A Secure On-line Banking Environment
- ↑ Chinese Unit Buys Hong Kong Bank Stake
- ↑ CITIC Ka Wah Bank acquires Hongkong Chinese Bank
- ↑ Announcement of Hongkong Chinese Bank
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