Granting of restricted banking licence to Korea Development Bank
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The Hong Kong Monetary Authority announced today (November 19) that the Monetary Authority has granted a restricted banking licence to Korea Development Bank (KDB) under the Banking Ordinance. KDB is incorporated in the Republic of Korea. The granting of this restricted banking licence takes effect today.
After the granting of a restricted banking licence to KDB, the number of restricted licence banks in Hong Kong is 16.
Ends/Friday, November 19, 2021
Issued at HKT 19:12
Issued at HKT 19:12
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