Nanyang Commercial Bank
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Nanyang Commercial Bank (NCB, Template:Zh) 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.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> NCB primarily focuses on corporate customers, in particular trading companies.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>
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.<ref name="bochk">Template:Cite news</ref>
Strategic Development
It was reported in December 2018 that Nanyang Commercial Bank was one of the shareholders of a financial technology firm, Nova Credit, which had entered bid to a new Know Your Client utility platform to be implemented for banks in Hong Kong and greater bay China region.<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>