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July 10, 2003
Banking
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United Commercial Bank gets licence
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Monetary Authority logo

The Hong Kong Monetary Authority has granted a banking licence to United Commercial Bank under the Banking Ordinance. It took effect on July 9, 2003.

 

UCB is incorporated in California and has maintained a local representative office since 2001.

 

With the grant of a banking licence to UCB, the number of licensed banks in Hong Kong has increased to 137.



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