Bank of China and Fullerton Financial Acquire 27 Chinese Community Banks
Posted on 08/29/2018
Bank of China and Fullerton Financial Holdings, a sovereign wealth enterprise of Singapore’s Temasek Holdings, signed a deal to jointly acquire 27 community banks in China from the China Construction Bank (CCB) for 1.606 billion RMB. These banks were sold via public listing and auction through the Beijing Financial Assets Exchange. Fullerton Financial Holdings and […]
