THURSDAY, SEPTEMBER 30, 1993
PRIOR TO THE GRANTING OF THE BANKING LICENCE, THE BANK HAS BEEN OPERATING A REPRESENTATIVE OFFICE SINCE 1989.
THE NEW BRANCH WILL ENABLE THE BANK TO OFFER A WIDER RANGE OF BANKING SERVICES TO ITS CUSTOMERS.
THE SPOKESMAN SAID THE CONTINUING INTEREST OF FOREIGN BANKS IN ENTERING THE LOCAL MARKET REFLECTED HONG KONG'S CONTINUED IMPORTANCE AS A MAJOR INTERNATIONAL FINANCIAL CENTRE.
THE LICENCE FOR GUNMA IS THE SIXTH BANKING LICENCE GRANTED THIS YEAR.
THERE ARE NOW 169 LICENSED BANKS IN HONG KONG, OF WHICH 137 ARE INCORPORATED OUTSIDE THE TERRITORY.
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UN SANCTIONS AGAINST ANGOLA
* * *
THE UNITED NATIONS SECURITY COUNCIL ADOPTED RESOLUTION 864 ON SEPTEMBER 15, IMPOSING A RANGE OF SANCTIONS AGAINST ANGOLA.
THE RESOLUTION CAME INTO FORCE ON SEPTEMBER 26.
OF
THE
SPECIFIC POWERS FOR THE BETTER IMPLEMENTATION RESOLUTION BY THE HONG KONG GOVERNMENT HAVE BEEN PROVIDED IN A UK ORDER IN COUNCIL THAT COMES INTO FORCE ON OCTOBER 1.
THE ORDER IMPOSES RESTRICTIONS ON THE EXPORT TO ANGOLA AND THE SUPPLY TO PERSONS IN ANGOLA OF ARMS AND RELATED MATERIAL, AND PETROLEUM AND PETROLEUM PRODUCTS.
IT ALSO RESTRICTS CERTAIN RELATED ACTIVITIES INCLUDING THE CARRIAGE OF PROHIBITED GOODS IN SHIPS AND AIRCRAFT AND LAND TRANSPORT VEHICLES.
THE GOVERNMENT WILL TAKE ALL NECESSARY MEASURES ΤΟ IMPLEMENT FULLY ITS OBLIGATIONS UNDER THE ORDER IN COUNCIL.
ENQUIRIES ON THE SUBJECT SHOULD BE DIRECTED TOWARDS THE RELEVANT GOVERNMENT DEPARTMENTS AS FOLLOWS:
GENERAL AND PRESS ENQUIRIES:
DUTY OFFICER, GOVERNMENT INFORMATION SERVICES (TEL 842 8747)
* TRADE RELATED MATTERS:
*
TRADE DEPARTMENT (TEL 398 5556 OR 398 5572) CUSTOMS AND EXCISE DEPARTMENT (TEL 852 3303)
MARINE MATTERS:
MARINE DEPARTMENT (TEL 852 4603 OR 852 4538)
FLIGHTS AND AVIATION RELATED MATTERS:
CIVIL AVIATION DEPARTMENT (TEL 867 4210 OR 867 4211}
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