Macau Chinese Bank

The Macau Chinese Bank, Limited (Traditional Chinese: 澳門華人銀行有限公司), or Banco Chinês de Macau, S.A. in Portuguese[1], is a bank in Macau.

The bank was formerly known as Finibanco (Macau) (Traditional Chinese: 富利銀行有限公司). But it was acquired by Winwise Holdings Limited, the subsidiary of Hongkong Chinese Limited from Hong Kong, in 2002 and renamed as The Macau Chinese Bank, Limited.[2][3][4] In 2007, Value Convergence Holdings, a subsidiary of Melco International Development, signed an agreement to acquire 60% stake of Macau Chinese Bank.[5] However in 2008, Value Convergence Holdings declared to give up the acquisition because Monetary Authority of Macao did not agree it before the agreement expiry date.[6]

See others

References

  1. ^ The Macau Chinese Bank Limited
  2. ^ The Macau Chinese Bank Limited
  3. ^ ACQUISITION OF 85% OF THE ISSUED SHARE CAPITAL OF FINIBANCO (MACAU), S.A.R.L. BY HONGKONG CHINESE LIMITED
  4. ^ Finibanco Holding S.G.P.S., S.A. - FACTO RELEVANTE (Portuguese)
  5. ^ Value Convergence Acquires Controlling Stake in Macau Chinese Bank Limited
  6. ^ LAPSE OF THE SALE AND PURCHASE AGREEMENT IN RELATION TO THE ACQUISITION OF THE MACAU CHINESE BANK LIMITED