The Bank of China was authorized to open a bank in Peru and be able to carry out “multiple operations”, according to a resolution issued last week by the Superintendence of Banking, Insurance and AFP (SBS).
“Bank of China Limited and Bank of China Group Investment Limited, acting as shareholders, seek to create a banking company to be called Bank of China Peru”, El Comercio informed.
This financial institution is the third largest in the world by a capital of better quality, according to information El Comercio cited from The Banker.
The bank’s directors would be Xiao Lijun, Bian Jidong, Luo Ying, Song Shouwen and Guillermo Palomino.
(Source)
(Cover Photo Wikimedia)
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