China Everbright Bank Opens Private Banking Business

(Beijing) – China Everbright Bank announced the launch of its private banking business, joining only eight other Chinese banks to offer the same services.

"The minimum net worth for CEB’s private banking services is 10 million yuan," said the bank’s retail banking manager Zhang Xuyang. "We have around 10,000 such clients and plan to launch the operation first in the cities of Beijing, Shanghai, Hangzhou and Taiyuan"