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JAPANESE BANK GETS HK LICENCE
* *
FRIDAY, JUNE 10, 1994
A GOVERNMENT SPOKESMAN SAID TODAY (FRIDAY) THAT THE SAN-IN GODO BANK, LTD HAD BEEN GRANTED A BANKING LICENCE TO CONDUCT BUSINESS IN HONG KONG.
ESTABLISHED IN 1941, IT IS A REGIONAL BANK BASED IN MATSUE CITY, THE CAPITAL OF SHIMANE PREFECTURE.
IT IS THE 46TH LARGEST BANK IN JAPAN AND RANKS 225TH IN THE WORLD IN TERMS OF CAPITAL. IT HAS 179 BRANCHES IN JAPAN AND A BRANCH IN NEW YORK.
A
IN HONG KONG, SAN-IN HAS BEEN OPERATING A REPRESENTATIVE OFFICE SINCE 1990. THE BANK WISHES TO UPGRADE TO A BRANCH TO OFFER WIDER RANGE OF BANKING SERVICES TO ITS CLIENTS, WHO HAVE BUSINESS8 TRANSACTIONS IN HONG KONG, CHINA, AND SOUTHEAST ASIAN COUNTRIES.
THE PRINCIPAL BUSINESS OF THE PROPOSED BRANCH INCLUDES DEPOSIT- TAKING, CORPORATE FINANCE, LOAN SYNDICATION AND SECURITIES INVESTMENTS.
IN
THE SPOKESMAN SAID THE CONTINUING INTEREST OF FOREIGN BANKS ENTERING THE LOCAL MARKET REFLECTED HONG KONG'S CONTINUED IMPORTANCE AND ATTRACTIVENESS AS A MAJOR INTERNATIONAL FINANCIAL CENTRE.
THE LICENCE FOR SAN-IN IS THE SEVENTH BANKING LICENCE GRANTED THIS YEAR.
KONG, OF WHICH 147 OF THESE, 41 ARE FROM JAPAN.
THERE ARE NOW 179 LICENSED BANKS IN HONG ARE INCORPORATED OUTSIDE THE TERRITORY.
GAZETTAL OF DREDGING WORK IN VICTORIA HARBOUR
A NOTICE OF
THE GOVERNMENT (RECLAMATIONS)
AUTHORISATION WAS PUBLISHED IN GAZETTE TODAY (FRIDAY) UNDER THE FORESHORE AND SEA-BRD ORDINANCE TO PROCEED WITH THE AIRPORT RAILWAY IMMERSED TUBE WORKS.
GARDEN
FLOOR, WESTERN
AT THE MURRAY DISTRICT
AT
ROAD CARPARK
THE NOTICE AND A COPY OF THE RELATED PLAN CAN BE SEEN LANDS DEPARTMENT'S SURVEY AND MAPPING OFFICE, 14TH BUILDING,
ROAD, CENTRAL; THE CENTRAL AND OFFICE, GROUND FLOOR, HARBOUR BUILDING, 38 PIER ROAD, CENTRAL AND THE YAU TSIM DISTRICT OFFICE, GROUND FLOOR, MIDDLE BUILDING, 15 MIDDLE ROAD, TSIM SHA TSUI.
LAYING OF
THE WORK WILL INVOLVE DREDGING OF A TUNNEL TRENCH, PREFABRICATED TUNNEL UNITS AND BACKFILLING ACROSS THE VICTORIA HARBOUR BETWEEN THE RECLAIMED LAND TO BE FORMED BY CENTRAL RECLAMATION PHASE I AND WEST KOWLOON RECLAMATION. IT WILL AFFECT ABOUT 16.7 HECTARES FORESHORE AND SEA-BED.
OF
ANY PERSON WHO MAY HAVE AN INTEREST, RIGHT OR EASEMENT OVER THE
IN FORESHORE
OR AND SEA-BED AFFECTED BY THE WRITTEN CLAIM FOR COMPENSATION TO THE DIRECTOR OF LANDS NO LATER
WORKS MAY SEND A ONE YEAR FROM PUBLICATION OF THE GAZETTE NOTICE.
THAN
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