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Two banks approved in China
http://www.dongguantoday.com    12/28/2011 3:36:00 PM

E.Sun Commercial Bank (玉山銀行) and state-owned Bank of Taiwan (臺灣銀行) yesterday won approval from China for their plans to set up branches in Dongguan and Shanghai respectively, the companies said in separate statements.

The two lenders said the permission would allow them to tap into the mass Chinese market and they would aim first to serve Taiwanese firms based there.

Source:Taipei Times  Editor: Tan Jing