SOUTH-EAST Asia’s largest lender DBS will acquire a 13 per cent stake in Shenzhen Rural Commercial Bank (SZRCB) for RMB5.29 billion (S$1.08 billion), in a move that will make it the largest shareholder of the Chinese bank.
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SOUTH-EAST Asia’s largest lender DBS will acquire a 13 per cent stake in Shenzhen Rural Commercial Bank (SZRCB) for RMB5.29 billion (S$1.08 billion), in a move that will make it the largest shareholder of the Chinese bank.
Read More