Browse
related articles
China's ICBC to open branch in Dubai
- United Arab Emirates: Thursday, May 08 - 2008 at 08:37
Industrial & Commercial Bank of China, the world's largest bank by market value, has won approval from the UAE to set up a subsidiary in Dubai, reported Reuters. The subsidiary, which will have registered capital of $50m, will mainly cover accepting deposits, providing credit, dealing in investments, managing assets and other businesses. ICBC became the first Chinese bank to open a branch in the Gulf when it launched a branch in Doha in February.
Related Content
Article Options
Jeff Florian, Senior ReporterThursday, May 08 - 2008 at 08:37 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
