The Hongkong Chinese Bank Limited (HKCB) (

Traditional Chinese A tradition is a belief or behavior (folk custom) passed down within a group or society with symbolic meaning or special significance with origins in the past. A component of cultural expressions and folklore, common examples include holidays or ...

: 香港華人銀行有限公司) was a bank in Hong Kong. It was owned by HKCB Bank Holding Company Limited (), which in turn was majority owned by a joint venture company owned by listed companies

Lippo China Resources Lippo Limited () is a Hong Kong incorporated listed company. It is the parent company of Hongkong Chinese Limited (), () and Auric Pacific Group (), all listed companies. Founded by Indonesian Chinese Mochtar Riady, Lippo Limited was majority ow ...

and the

China Resources Enterprise China Resources Enterprise is the subsidiary and the listed company of China Resources Holdings. It is a conglomerate enterprise focusing on retailing, beverage, food processing and distribution, textiles and real estate in Hong Kong and Mainlan ...

. The bank was acquired and merged into

CITIC Ka Wah Bank China CITIC Bank International Limited (Chinese: 中信銀行(國際), CNCBI in short) is a full-service commercial bank in Hong Kong. China CITIC Bank Corporation Limited, via its wholly-owned subsidiary CITIC International Financial Holdings ...

. It was one of the pilot banks in Hong Kong to accept the

digital signature A digital signature is a mathematical scheme for verifying the authenticity of digital messages or documents. A valid digital signature, where the prerequisites are satisfied, gives a recipient very high confidence that the message was created b ...

Hongkong Post Hongkong Post is a government department of Hong Kong responsible for postal services, though operated as a trading fund. Founded in 1841, it was known as ''Postal Department'' or ''Post Office'' () before the handover of Hong Kong in 1997. ...

History

*1954: Hongkong Chinese Bank was founded in Hong Kong. *1998:

acquired 50% shares of Lippo CRE (Financial Services) Limited.Lippo CRE (Financial Services) Limited is the parent company of HKCB Bank Holding Company Limited, which in turn the parent company of the bank. *January 2002: CITIC Ka Wah Bank acquired Hongkong Chinese Bank for HK$4.2 billion. *November 2002: CITIC Ka Wah Bank merged with Hongkong Chinese Bank. The banking business of CITIC Ka Wah Bank was transferred to Hongkong Chinese Bank. CITIC Ka Wah Bank became a financial

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

operating under the name

CITIC International Financial Holdings Limited CITIC International Financial Holdings Limited (shortened to "CIFH", former stock code ) is the financial flagship company of the CITIC Group outside mainland China. It is the holding company of CITIC Bank International, has a 50% stake in CITIC Ca ...

, while Hongkong Chinese Bank's name was changed to CITIC Ka Wah Bank Limited.Announcement of Hongkong Chinese Bank
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Footnotes

See others

CITIC International Financial Holdings CITIC International Financial Holdings Limited (shortened to "CIFH", former stock code ) is the financial flagship company of the CITIC Group outside mainland China. It is the holding company of CITIC Bank International, has a 50% stake in CITIC Ca ...

* Macau Chinese Bank

References

{{reflist Banks established in 1955 Defunct banks of Hong Kong China Resources Banks disestablished in 2002 1955 establishments in Hong Kong