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BEA eyes stake in small Chinese banks

By Wang Zhenghua | 皇冠体育app Daily | Updated: 2008-12-24 08:05

BEA eyes stake in small Chinese banks

Pedestrians walk past a newly launched branch of the Bank of East Asia in Hefei, Anhui province. CFP

SHANGHAI: Bank of East Asia (BEA) is looking at acquiring stakes in smaller Chinese banks and widening its deposit base on the mainland to fund its growing renminbi business.

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