The Hong Kong Monetary Authority announced today (19 December 2017) that the Monetary Authority has granted a banking licence to China Zheshang Bank Co., Ltd. (CZB) under the Banking Ordinance. CZB is incorporated in the People’s Republic of China. The granting of this banking licence takes effect today (19 December 2017).
After the granting of a banking licence to CZB, the number of licensed banks in Hong Kong is 155.
Hong Kong Monetary Authority
19 December 2017