南洋商業銀行 | |
Formation | 14 December 1949 |
---|---|
Location | |
Website | ncb.com.hk |
Nanyang Commercial Bank | |||||||||
---|---|---|---|---|---|---|---|---|---|
Traditional Chinese | 南洋商業銀行 | ||||||||
|
Nanyang Commercial Bank (NCB, Chinese: 南洋商業銀行) is a bank based in Hong Kong and a wholly owned subsidiary of China Cinda Asset Management (Cinda), with 33 branches, 3 Commercial Business Centres and 4 Cross-border Wealth Management Centres. It was established in Hong Kong on 14 December 1949.[1] NCB primarily focuses on corporate customers, in particular trading companies.[2]
In 2015, Cinda acquired Nanyang Commercial Bank from Bank of China (Hong Kong) for HK$68 billion. Cinda had purchased NCB to diversify its business in areas of cross-border finance.[3]