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Federal Reserve Board announces its approval of the application by Industrial and Commercial Bank of China Limited, China Investment Corporation, and Central Huijin Investment Ltd., Bank of China Ltd., Agricultural Bank of China Limited

The Federal Reserve Board on Wednesday announced its approval of the application by Industrial and Commercial Bank of China Limited, China Investment Corporation, and Central Huijin Investment Ltd., all of Beijing, People’s Republic of China, to become bank holding companies under section 3 of the Bank Holding Company Act of 1956, as amended, by acquiring up to 80 percent of the voting shares of The Bank of East Asia (U.S.A.) National Association, New York, New York.

Attached is the Board’s Order relating to this action.

Board Votes

Attachment (242 KB PDF)

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The Federal Reserve Board on Wednesday approved the application by Bank of China Limited, Beijing, People's Republic of China, to establish a branch in Chicago, Illinois.

Attached is the Board's Order relating to this action.

Board Votes

Attachment (185 KB PDF)

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The Federal Reserve Board on Wednesday approved the application by Agricultural Bank of China Limited, Beijing, People's Republic of China, to establish a branch in New York, New York.

Attached is the Board's Order relating to this action.

Board Votes

Attachment (180 KB PDF)

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