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J.P. Morgan Gets CBRC Nod For Suzhou Branch

The China Banking Regulatory Commission has given approval to Beijing-headquartered lender JPMorgan Chase Bank Co. to open a branch in Suzhou city of Jiangsu province.

The China Banking Regulatory Commission (CBRC) has given approval to Beijing-headquartered lender JPMorgan Chase Bank(China) Co. to open a branch in Suzhou city of Jiangsu province, The Asset reports. This new office will be the bank’s seventh branch in mainland China.

The bank currently has branches in Shanghai, Beijing, Tianjin, Guangzhou, Chengdu and Harbin. The branches offer clients with integrated solutions through the bank’s comprehensive financial platform.

Click here for the story from The Asset.

Click here for additional coverage from China Daily.

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