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A. Bank of China
B. China Everbright Bank
C. Hua Xia Bank
D. Hua Xia Bank

Sate Bank of Pakistan (SBP) has issued a banking licence to the Bank of China. The bank will commence its business in branch mode after meeting other regulatory requirements.
The bank will initially bring $50 million to fulfil the minimum capital requirements of the SBP.

Correct Answer: Bank of China

Last Updated: August 01, 2017