Home Business Hong Kong Monetary Authority enhances supervision of PNB’s HK branch

Hong Kong Monetary Authority enhances supervision of PNB’s HK branch

By
Lucky Jain
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(G.N.S) Dt. 13 New Delhi State-owned Punjab National Bank (PNB) today said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it “not to proactively solicit customer deposits”. “…In view of the capital position of the bank as at March 31, 2018,

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