CR Bank definition

CR Bank. China Resources Bank of Zhuhai Co., Ltd. (珠海華潤銀行股份有限公司), a municipal bank headquartered in Zhuhai, in which CRC holds approximately a 75.33% equity interest as at the date of this announcement “CR Bank Strategic Cooperation Agreement 2015” the strategic cooperation agreement entered into by CR Bank and the Company on 30 December, 2015 “CR Trust” China Resources SZITIC Trust Co., Ltd. (華潤深國投信托有限公司), in which CRC holds a 51% equity interest as at the date of this announcement “CR Trust Strategic Cooperation Agreement 2015” the strategic cooperation agreement entered into by CR Trust and the Company on 30 December, 2015
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CR Bank means 珠海華潤銀行股份有限公司 (China Resources Bank of Zhuhai Co., Ltd.*), a company established in the PRC with limited liability, a non-wholly-owned subsidiary of CRNC and an associate of CRH;
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Examples of CR Bank in a sentence

  • CR Bank has achieved tremendous growth in its operational scale, geographical coverage and capital base over the past years.

  • These services will be provided on normal commercial terms and such service fees shall not be higher than the net discounted fees offered to other preferred customers of CR Bank.

  • These services will be provided on normal commercial terms which apply to other customers of CR Bank.

  • CR Bank, a licensed bank regulated by the China Banking Regulatory Commission and headquartered in Zhuhai, has one Head Office and 49 sub-branches within Zhuhai, one branch in Shenzhen, Zhongshan City and Foshan City respectively, and one rural bank in Deqing, Guangdong and Baise, Guangxi respectively.

  • As some of the financial products (such as wealth management products) provided by CR Bank and CR Trust are similar in nature, the proposed daily maximum amounts for the principal amount and interest in relation to such financial products are aggregated for the purpose of calculation of the applicable percentage ratios under the Listing Rules.

  • CR Bank is a licensed bank regulated by the China Banking and Insurance Regulatory Commission of the PRC and headquartered in Zhuhai.

  • It is expected that the aggregate annual amount of fees and commissions paid by the Group for the financial services provided by CR Bank and CR Trust respectively during the term of the Strategic Cooperation Agreements 2015 will not exceed 0.1% of the percentage ratios, other than the profits ratio, of the Listing Rules, and these arrangements will constitute de minimis transactions under the Listing Rules.

  • Borrowers: CRC, and any PRC established subsidiary of CRC or a China Resources Group listed company, which has become a party to the Onshore Framework Loan Agreement 2013 by acceding to its terms, but excluding CR Bank, CR Trust and any subsidiary of the Company.

  • The Board is of the view that the Group will retain the flexibility and discretion in selecting CR Bank, CR Trust and/or other independent financial institutions or commercial banks taking into consideration its business needs and the fees and quality of services and products offered.

  • CR Bank is a licensed bank regulated by the China Banking Regulatory Commission and is headquartered in Zhuhai.