Westpac wins Shanghai approval

Aust bank gets consent to open a branch in free trade zone: report.

Westpac (WBC) will open a branch in the newly established Shanghai free trade zone after securing the authorisation of the China Banking Regulatory Commission, according to The Australian Financial Review.

The development follows news that ANZ Bank would open a branch in the free trade region, around Pudong, which is being set up to test further liberalisation of the Chinese economy.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles