Affin Holdings Bhd and The Bank of East Asia Ltd have formally established a partnership incl China
Affin Holdings Bhd (AHB) and The Bank of East Asia Ltd, Hong Kong (BEA) have formally established a partnership to jointly develop business in China, Hong Kong, Malaysia and other key markets where they both operate.
BEA chairman and chief executive Dr David K.P. Li said that the China Banking Regulatory Commission is studying the proposal to set up a joint venture between BEA and AHB to conduct Islamic banking in China, but that there are no related laws yet.
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