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Malayan Banking Corporation Limited to open a branch in Kunming

By : InKunming | Published: 2014-May-22

[InKunming--Enterprises]  Malayan Banking Corporation Limited Kunming Branch, which was authorized by CBRC (China Banking Regulatory Commission), is under preparation in Kunming, which will be the second offshore bank in the city.

Malayan Banking Corporation Limited is carrying on preparing work for the branch bank now. After its opening, the Malayan Banking Corporation Limited Kunming branch and Standard Chartered Bank will be the first batch of offshore banks that are settled in Yunnan.

Malayan Banking Corporation Limited was set up in 1960, and is the biggest bank in Malaysia at present. The bank has over 330 branch banks in Malaysia and more than 30 offshore banks in the world.

Malayan Banking Corporation Limited opened a branch bank in Beijing in 2012, which is its first offshore bank in China. The branch bank in Kunming which is to be established soon will be the third offshore bank in the country.

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(Editors: Tracy, Cathy Chen)

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