Capital requirements As in the case of a domestic bank, the minimum registered capital of a WFOE bank is RMBlbn (or its equivalent in freely convertible currencies). ... While these rules apply to domestic commercial banks and WFOE banks alike, because the WFOE banks are new start-ups, ... However, it remains unclear when these WFOE banks will actually be able to their launch credit card business.
|Title||:||HSBC's Guide to Cash and Treasury Management in Asia Pacific 2008 - English|
|Publisher||:||PPP Company Ltd - 2007|