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GRCB (01551) subsidiary bank approved to start business
Guangzhou Rural Commercial Bank (GRCB) (01551) 
said the Hunan Office of the China Banking Regulatory Commission has recently granted its
approval on the commencement of business of Hunan Zhuzhou Zhujiang Rural Commercial Bank 
Co., Ltd., which is owned as to 51% by GRCB.
Zhuzhou Zhujiang Rural Commercial Bank has recently obtained the relevant licences,
including the financial licence and the business licence and has formally commenced
business operations.

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