State Bank recently grants banking licence to which Chinese Bank ?

Pakistan Current Affairs MCQs 12/01/2024

A. Bank of China
B. China Everbright Bank
C. Hua Xia Bank
D. Hua Xia Bank

Sate Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its business in branch mode after meeting other regulatory requirements.
The bank will initially bring $50 million to fulfil the minimum capital requirements of the SBP.

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