Radar > 238157

Bank of China receives authorization to operate in Mexico

Bank of China recibe autorización para operar en México

Intel ID : 238157
Synopsis

Bank of China, a Beijing-based financial entity, received authorization from Mexico's national banking and securities commission (CNBV) to launch operations in the country with its subsidiary, Bank of China México, announced the CNBV in a press release issued on 27 June, 2016.

Specifically, the CNBV noted Bank of China México will focus its operations on providing products and services to China-based companies with presence in Mexico and to their suppliers, as well as to Mexico-based companies with operations in China.
(content in spanish)

Bank of China, entidad financiera con sede en Beijing, ha recibido la autorización de la Comisión Nacional Bancaria y de Valores (CNBV) de México para comenzar a operar en ese país con su filial, Bank of China México, ha anunciado la CNBV en una nota de prensa publicada el 27 de junio de 2016.

En concreto, la CNBV ha señalado que Bank of China México enfocará sus operaciones en prestar productos y servicios a las empresas chinas con presencia en México y a sus proveedores, así como a empresas mexicanas que tengan operaciones en China.

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Intel ID 238157
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Native Currency Mexican Peso (MXN)
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Services and Distribution / Financial and Insurance (Primary)
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verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.02 Central Banking
25 Financial Services / 25.01 Banking & Investment

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Services and Distribution / Public Services (Primary)
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

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50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

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