Nanyang Commercial Bank (NCB, Chinese: 南洋商業銀行) is a bank based in Hong Kong and a wholly owned subsidiary of China Cinda Asset Management (Cinda), with 42 branches. It was established in Hong Kong on 14 December 1949.[1] NCB primarily focuses on corporate customers, in particular trading companies.[2]
In 2015, Cinda acquired Nanyang Commercial Bank from Bank of China (Hong Kong) for HK$68 billion. Cinda had purchased NCB to diversify its business in areas of cross-border finance.[3]
Strategic Developmentedit
It was reported in December 2018 that Nanyang Commercial Bank was one of the shareholders of a financial technology firm, Nova Credit, which had entered bid to a new Know Your Client utility platform to be implemented for banks in Hong Kong and greater bay China region.[4]
^"NCB Profile". Nanyang Commercial Bank. Retrieved 14 January 2019.
^"BOCHK realises HK$30 billion profit from Nanyang sale". South China Morning Post.
^"Credit reporting agency TransUnion 'a finalist' in bid for Hong Kong's next big fintech project despite data security row". SCMP. 4 December 2018. Retrieved 14 January 2019.
nanyang, commercial, bank, chinese, 南洋商業銀行, bank, based, hong, kong, wholly, owned, subsidiary, china, cinda, asset, management, cinda, with, branches, established, hong, kong, december, 1949, primarily, focuses, corporate, customers, particular, trading, comp. Nanyang Commercial Bank NCB Chinese 南洋商業銀行 is a bank based in Hong Kong and a wholly owned subsidiary of China Cinda Asset Management Cinda with 42 branches It was established in Hong Kong on 14 December 1949 1 NCB primarily focuses on corporate customers in particular trading companies 2 Nanyang Commercial Bank南洋商業銀行Nanyang Commercial Bank BuildingFormationDecember 14 1949 74 years ago 1949 12 14 Location Hong KongWebsitencb com hk Nanyang Commercial BankTraditional Chinese南洋商業銀行TranscriptionsYue CantoneseYale RomanizationNaahm yeuhng seung yihp ngahn hohngJyutpingNaam4 joeng4 soeng1 jip6 ngan4 hong4 In 2015 Cinda acquired Nanyang Commercial Bank from Bank of China Hong Kong for HK 68 billion Cinda had purchased NCB to diversify its business in areas of cross border finance 3 Strategic Development editIt was reported in December 2018 that Nanyang Commercial Bank was one of the shareholders of a financial technology firm Nova Credit which had entered bid to a new Know Your Client utility platform to be implemented for banks in Hong Kong and greater bay China region 4 References edit Profile at NCB official website NCB Profile Nanyang Commercial Bank Retrieved 14 January 2019 BOCHK realises HK 30 billion profit from Nanyang sale South China Morning Post Credit reporting agency TransUnion a finalist in bid for Hong Kong s next big fintech project despite data security row SCMP 4 December 2018 Retrieved 14 January 2019 External links edit nbsp Banks portal Official website Retrieved from https en wikipedia org w index php title Nanyang Commercial Bank amp oldid 1219803326, wikipedia, wiki, book, books, library,
