TNAG-1257-FCO40-1590-Third-countries-and-the-future-of-Hong-Kong-1983 — Page 177

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5. There are some 135 licensed banks in Hong Kong, of which 100 are based abroad. More than 100 other foreign banks have representative offices. There are also some 350 DTCS. These institutions between

them have assets amounting to some $950 billion.

CONFIDENTIAL