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Article: OCBC BANK (CHINA) CHINESE CUSTOMER BASE INCREASED
- Article from:
- AsiaInfo Services
- Article date:
- October 14, 2008
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AsiaInfo Services
10-14-2008
OCBC Bank (China) Chinese Customer Base Increased
SHANGHAI, Oct 14, 2008 (SinoCast via COMTEX) -- Up to 20% of total customers of OCBC Bank (China) Ltd., wholly-owned subsidiary of Asia's top financial institution OCBC Bank, are Chinese companies now, said the OCBC Bank (China) President Tan Wing Ming.
When OCBC Bank (China) was incorporated in Shanghai in August 2007, the number of its Chinese corporate clients just accounted for 3% to 4% of the total customer base.
This year, China's credit scale adjustment does not bring about much negative influence on the Shanghai-headquartered incorporation's renminbi loan business, while OCBC Bank (China) has to face more ...