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Banking, Finance and Insurance

CIB plans expansion alongside strategic investors
By AMY CHEUNG
Published: May 20, 2007 04:44 PM
2007 is turning into a benchmark year for Industrial Bank of China (CIB), a Fuzhou-headquartered joint venture between the Fujian provincial government and Hong Kong’s Hang Seng Bank. In an exclusive interview with China Business News, bank chairman Li Renjie said that now the bank had gone public through an offering in Shanghai, overseas strategic investors were key to the banks development strategy.
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