Third Chinese bank settles in Luxembourg
China Construction Bank (CCB) is set to become the third Chinese bank in Luxembourg after gaining approval by the Grand Duchy's Finance Ministry, it was announced on Monday.
(CS) China Construction Bank (CCB) is set to become the third Chinese bank in Luxembourg after gaining approval by the Grand Duchy's Finance Ministry, it was announced on Monday.
The Chinese bank had set its sights on Luxembourg last year and conducted initial talks with Prime Minister Jean-Claude Juncker and Finance Minister Luc Frieden in September.
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