Bank of East Asia expects to set up branch in Zhengzhou, Henan province

2009-05-15 Zhengzhou

Bank of East Asia, the largest independent local bank in Hong Kong, plans to open a branch in Zhengzhou, Henan province, China and has applied for approval with the Banking Regulatory Commission of the province. The branch is expected to open for business late this year if everything is coming up roses. In addition, Standard Chartered Bank has inspected the city many times, aiming to speed up its efforts to establish a branch in the city.