Wing Lung Bank

Wing Lung is now the third-largest mainland bank subsidiary in the city by asset size.

CMB purchase gives Wing Lung new lease of life

CMB acquired Wing Lung for HK$19.3 billion at a 2.9 price-book ratio. Five years on, and after meeting internal management and external economic challenges, Wing Lung has 44 branches in Hong Kong, making it the third-largest mainland bank in the city by branch network.

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