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CITIC Bank opens first Singapore branch, to provide private banking services in 2012

CITIC Bank International, a subsidiary of China CITIC Bank Corp has opened its first branch in Singapore as part of its efforts to increase its Asian footprint. The new branch will provide wholesale banking and financial services, ranging from RMB-denominated products and services to working capital financing and foreign exchange services, said CITIC Bank International, adding that the branch plans…

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