HKMA upgrades Credit Agricole Suisse SA’s restricted banking license to a full banking license

16 March 2011 | 1 minute read

The Hong Kong Monetary Authority (HKMA) has announced that the Monetary Authority has upgraded Credit Agricole (Suisse) SA’s (CAS) restricted banking license to a banking license under the Banking Ordinance.  The upgrade took effect yesterday. CAS is incorporated in Switzerland and has operated a branch in Hong Kong under a restricted banking license since 2007. After the upgrade of CAS, the…

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