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Bank Of Hangzhou
Bank of Hangzhou (BOH; ) is a Chinese Joint-stock company, joint-stock commercial bank founded in 1996 and headquartered in Hangzhou, Zhejiang. Background Hangzhou City Commercial Bank (HCCB) was founded on 26 September 1996. The bank mostly operated in Zhejiang province. In April 2005, Commonwealth Bank acquired a 19.9% stake in HCCB for A$100 million. The deal allowed Commonwealth Bank to have representation on the board and would also provide technical support to HCCB. In December 2006, Asian Development Bank (ADB) acquired a 5% stake in HCCB for US$30 million. In 2014, ADB would sell its entire stake to China Life Insurance Company. In July 2008, HCCB was renamed to Bank of Hangzhou. BOH has been stated to use a business model similar to Silicon Valley Bank where it caters to the unique financing needs of tech Small and medium-sized enterprises, SMEs given Hangzhou's location for tech startups such as the Alibaba Group. In 2009, BOH launched a dedicated sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nanjing
Nanjing or Nanking is the capital of Jiangsu, a province in East China. The city, which is located in the southwestern corner of the province, has 11 districts, an administrative area of , and a population of 9,423,400. Situated in the Yangtze River Delta, Nanjing has a prominent place in Chinese history and Chinese culture, culture, having served as the historical capitals of China, capital of various Dynasties in Chinese history, Chinese dynasties, kingdoms and republican governments dating from the 3rd century to 1949, and has thus long been a major center of culture, education, research, politics, economy, transport networks and tourism, being the home to Port of Nanjing, one of the world's largest inland ports. The city is also one of the fifteen sub-provincial city, sub-provincial cities in the People's Republic of China's Administrative divisions of the People's Republic of China, administrative structure, enjoying jurisdictional and economic autonomy only slightly les ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
