Hongkong Chinese Bank

The Hongkong Chinese Bank Limited (HKCB) (Traditional Chinese: 香港華人銀行有限公司) was a bank in Hong Kong. It was owned by HKCB Bank Holding Company Limited (former stock code: HKEX: 655), a joint venture company owned by the Lippo Group and the China Resources Group. It was acquired and merged to CITIC Ka Wah Bank.^[1] It was one of the pilot banks in Hong Kong to accept digital signature of Hongkong Post.^[2]

History

• 1955: Hongkong Chinese Bank was founded in Hong Kong.
• 1997: China Resources acquired 50% stake of Hongkong Chinese Bank.^[3]
• January 2002: CITIC Ka Wah Bank acquired Hongkong Chinese Bank for HK$4.2 billion.^[4]
• November 2002: CITIC Ka Wah Bank merged with Hongkong Chinese Bank. The banking business of CITIC Ka Wah Bank was transferred to Hongkong Chinese Bank. CITIC Ka Wah Bank became a financial holding company operating under the name CITIC International Financial Holdings Limited, while Hongkong Chinese Bank's name was changed to CITIC Ka Wah Bank Limited.^[5]

See others

• CITIC Ka Wah Bank
• CITIC International Financial Holdings
• Macau Chinese Bank

References