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March 2013 Vol. 18 No.3

BNP Paribas takes 14.74% stake in Bank of Nanjing

Category: China
By Hui Ching-hoo

BNP Paribas has purchased 61.13 million shares of China’s Bank of Nanjing (BoN) in the secondary market through the QFII programme. The deal made BNP Paribas the largest shareholder in the bank with a 14.74% stake.

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