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It was the first foreign bank that set foot in the rural financial market of South China. As one of Fujian's regions owning the pilot new-type rural financial institutions, Yong'an is rich in forest resources, and it has grown into the No.1 in China in terms of per capita bamboo forest area.
From now on, this new village bank is set to provide overall deposit, credit, and financing services for the local rural residents and agriculture-involved companies. With a view to further satisfying more demands in the rural market, Fujian Yong'an HSBC Village Bank intends to unveil a series of innovative financial products and services in due course.
In December 2007 and September 2008, HSBC separately put its two village banks, Hubei Suizhou Cengdu HSBC Rural Bank and Chongqing Dazu HSBC Rural Bank, into operation.
From www.cnstock.com, Page 1, Thursday, October 16, 2008 info@SinoCast.Com
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