Group 1 - Fubon Bank (Hong Kong) has been approved to establish a branch in Shenzhen, marking its first official branch in mainland China [1][2] - The new Shenzhen branch will operate as a direct branch of Fubon Bank (Hong Kong), while Fubon Huayi Bank, also under Fubon Financial Holdings, has been operating in mainland China for several years as a legal entity bank [1][5] - The establishment of the Shenzhen branch aligns with Fubon Financial Holdings' strategy to expand its presence in mainland China, particularly in the Greater Bay Area [4][5] Group 2 - Fubon Bank (Hong Kong) is required to complete the establishment process within 15 days of receiving approval, including forming a preparatory team for the Shenzhen branch [2] - The Shenzhen branch has already been mentioned in various official communications, indicating its active engagement with local enterprises [3][4] - The branch will focus on serving cross-border clients, particularly from Hong Kong and Macau, and will have a more limited scope compared to a legal entity bank [5] Group 3 - Fubon Bank (Hong Kong) reported total assets of HKD 160.3 billion, a 14% increase year-on-year, with a net profit of HKD 907 million, up 16% [5] - Fubon Huayi Bank, which has been operating in mainland China, reported revenues of CNY 2 billion and a net profit of CNY 395 million for the year 2024 [6] - The presence of foreign banks in Shenzhen includes 5 legal entity banks and 33 branches, highlighting the competitive landscape for banking services in the region [6]
继桑坦德银行后,富邦获批筹建深圳分行
2 1 Shi Ji Jing Ji Bao Dao·2025-08-27 09:18