Generale Belgian Bank

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Generale Belgian Bank was a bank established by Belgium's Generale Bank in Hong Kong in 1935, yet it was incorporated in Belgium. It merged with Fortis's operations in Hong Kong in 1998 and was renamed Fortis Bank Asia HK, trading as Fortis Bank Asia (華比富通銀行). It has been the banker of the Catholic Diocese of Hong Kong and also one of the two banks in the region to provide equipment loans.

Belgian Bank[edit]

In September 2003, Fortis announced that it would sell its Hong Kong retail and wholesale operations to ICBC (Asia). The operations that were to be merged with ICBC (Asia) were named Belgian Bank (華比銀行) (but with the ICBC logo) on May 1, 2004, pending a full merger with ICBC (Asia), which requires approval by the Legislative Council of Hong Kong.[1] On October 10, 2005, the merger was completed successfully with all branches of Belgian Bank renamed as ICBC (Asia).

References[edit]

  1. ^ "Industrial and Commercial Bank of China (Asia) Merger Ordinance". Ordinance No. 20 of 2005 (PDF)., Cap. 1178