Nanyang Commercial Bank
With 42 locations, Hong Kong-based Nanyang Commercial Bank is a fully owned subsidiary of China Cinda Asset Management (Cinda). It was started on December 14th, 1949, in Hong Kong. NCB primarily targets corporate clients, particularly trading firms.
2015 saw Cinda pay HK$68 billion to the Bank of China (Hong Kong) to buy Nanyang Commercial Bank. In order to expand its operations into international finance, Cinda acquired NCB. In December 2018, it was revealed that Nanyang Commercial Bank was a shareholder in the startup fintech company Nova Credit, which had submitted a bid to develop a new Know Your Client utility platform for banks in the Hong Kong and broader Bay of China region.
Founded: December 14, 1949
Headquarters: Hong Kong
Website: https://www.ncb.com.hk/