Printer Friendly

NATIONALE-NEDERLANDEN OBTAINS LICENSE FOR REPRESENTATIVE OFFICE IN SHANGHAI

 THE HAGUE, the Netherlands, June 28 /PRNewswire/ -- Nationale- Nederlanden has obtained a license from the People's Bank of China to establish a representative office in Shanghai.
 This will be Nationale-Nederlanden's first office in the People's Republic of China. After obtaining permission from the Chinese authorities, Nationale-Nederlanden intends to convert this representative office into a branch office which will sell insurance products.
 ING Bank, Nationale-Nederlanden's partner in ING Group, has representative offices in Beijing and Shanghai. Recently, ING Bank also obtained permission to establish a branch office in Shenzhen.
 ING Group regards the Far East as an important growth market. It already has offices in Hong Kong, Taiwan, Korea, Japan, Indonesia, Singapore, Malaysia, Thailand, Vietnam, India and the Philippines.
 -0- 6/28/93
 /CONTACT: H. van Ronkel, director Public Relations of Nationale- Nederlanden, 011-31-70-358-17-65/


CO: Nationale-Nederlanden ST: IN: INS SU:

BN-BR -- AT003 -- 6140 06/28/93 10:07 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 28, 1993
Words:148
Previous Article:PILKINGTON DENIES PATENT INFRINGEMENT CHARGES BY WESLEY-JESSEN
Next Article:FIRST UNION COMPLETES LARGEST SYSTEMS CONVERSION IN U.S. BANKING HISTORY
Topics:


Related Articles
NATIONALE-NEDERLANDEN N.V. MAKES A BID FOR THE OUTSTANDING SHARES OF THE NRG HELD BY THIRD PARTIES AND STRENGTHENS NRG'S ASSETS BY DFL 500 MILLION
NATIONALE-NEDERLANDEN RECEIVES LICENCE TO ESTABLISH SUBSIDIARY IN SOUTH KOREA
NATIONALE-NEDERLANDEN HONOURS OFFER FOR NEDERLANDSE REASSURANTIE GROEP SHARES
NATIONALE-NEDERLANDEN GRANTED LICENSE IN CZECHOSLOVAKIA
NATIONALE-NEDERLANDEN CEASES DIRECT NON-LIFE INSURANCE ACTIVITIES IN UNITED KINGDOM
NATIONALE-NEDERLANDEN NORTH AMERICA REACHES AGREEMENT TO SELL WISCONSIN NATIONAL LIFE INSURANCE TO PROTECTIVE LIFE
NATIONALE-NEDERLANDEN AND BRITANNIA LIFE AGREE ON SALE OF LIFE ASSOCIATION OF SCOTLAND
NATIONALE-NEDERLANDEN OBTAINS LICENCE FOR REPRESENTATIVE OFFICE IN BEIJING
NATIONALE-NEDERLANDEN OBTAINS LICENSE FOR POLAND
CIGNA International to Open Its Third Representative Office in China; New Office Strengthens CIGNA'S Position In China's Emerging Insurance...

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters