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PNB fraud: Hong Kong regulator enhances supervision of lender's HK branch

PNB fraud: Hong Kong regulator enhances supervision of lender's HK branch

Wed, Jun 13, 2018

State-owned Punjab National Bank (PNB) today said the Hong Kong Monetary Authority (HKMA) has enhanced supervision of its Hong Kong branch and has asked it "not to proactively solicit customer deposits".

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