What kind of bank does Huashang Bank belong to?
Wholly foreign-funded banks. China Merchants Bank (English: China Merchants Bank, Ltd.) was established in 1993, and its headquarters is in Shenzhen. 65438-0987 China Industrial and Commercial Bank Shenzhen Branch (predecessor of ICBC Asia), Hong Kong China Travel Agency (Group) Co., Ltd. and Hong Kong Chinese Bank (predecessor of CITIC Bank International) established the first Sino-foreign joint venture banking business in Shenzhen. 1September 3, 1993, Hong Kong China Travel Service Group invested in Hua Shang Bank, and its main business includes product development, business development, fund settlement and system construction. In August 2005, Huashang Bank became a wholly-owned holding institution of Industrial and Commercial Bank of China (Asia) Co., Ltd. (ICBC Asia), and the nature of the company was changed from a Sino-foreign joint venture bank to a wholly foreign-owned bank. In July 2005, ICBC (Asia) fully acquired the shares of Hua Shang Bank, which was completed on July 28th. The nature of the enterprise has changed from a Sino-foreign joint venture bank to a wholly foreign-owned bank. After repeated capital increase, the registered capital is 46,543.8+0.5 billion yuan. 2065438+On June 8th, 2008, Huashang Bank was awarded AAA main credit rating by Moody's Investors Service Company, and the rating outlook was stable. Shenzhen Science Park Sub-branch of Huashang Bank is the only branch-level sub-branch of the bank.