Bank of Hangzhou

Australian Exchange

Commonwealth Bank of Australia sells stake in Bank of Hangzhou
ByNNR January 24, 2025January 24, 2025

SYDNEY: The Commonwealth Bank of Australia (CBA) has announced it has signed a binding sale agreement to divest its remaining 5.45% shareholding in Bank of Hangzhou Co., Ltd (HZB) to New China Life Insurance Co., Ltd (NCI). NCI is a…

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Australian Exchange

CBA to sell 10% shareholding in Bank of Hangzhou for $1.8bn
ByNNR March 1, 2022March 1, 2022

SYDNEY, AUSTRALIA: Commonwealth Bank of Australia (CBA) has entered into a binding sale agreement to sell a shareholding of 10% in Bank of Hangzhou (HZB) to Hangzhou Urban Construction & Investment Group and Hangzhou Communications Investment Group, which are entities…

Read More CBA to sell 10% shareholding in Bank of Hangzhou for $1.8bn