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HKMA grants banking license to LGT Bank

The Hong Kong Monetary Authority (HKMA) has granted a banking license to LGT Bank Liechtenstein AG (LGTB) under the Banking Ordinance.  The granting of this banking licence took effect on 14 April 2011. LGT now has two booking centres in Asia and the bank says the local banking license will allow LGT to offer private and institutional clients enhanced local…

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