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Traditional ChineseSimplified ChineseText onlyPDARSS
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May 24, 2006
Banking
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Credit Agricole (Suisse) licence approved
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Monetary Authority logo

The Monetary Authority has granted a restricted banking licence to Credit Agricole (Suisse) SA under the Banking Ordinance. The licence took effect May 23.

 

A wholly owned subsidiary of the Credit Agricole Group, the Swiss-based bank mainly engages in private and corporate banking, and capital markets activities.

 

It raises the number of restricted-licence banks in Hong Kong to 32.



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*		Hong Kong Monetary Authority
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