Wing Lung Bank

Wing Lung Bank (Chinese: 永隆銀行 sehk|0096) is a middle-sized bank in Hong Kong. As of 2004, it has 37 branches, including one branch in Los Angeles and one branch in the Cayman Islands.

The bank was founded in 1933 by the Wu family, which owned a majority stake in the bank. It was listed in Hong Kong since 1980. It currently employs 1,200 people and has assets of around HK$70 billion.

In 2008, China Merchants Bank purchased for 53.12 percent of Wing Lung Bank's equity and became the largest shareholder of the bank. Ma Weihua (China Merchants Bank's president) and Zhang Guanghua (China Merchants Bank's vice president) were appointed to be the chairman and vice chairman of Wing Lung Bank respectively. [ [http://english.people.com.cn/90001/90776/6508937.html China Merchants Bank completes acquisition of Wing Lung Bank] ]

External links

* [http://www.winglungbank.com Official Homepage]