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Hua Xia Bank
[[Image:Huaxiabanklogo.gif|right]]

'''Hua Xia Bank''' (simplified Chinese: &#21326;&#22799;&#38134;&#34892;) is a [[bank]] based in [[Beijing]] in the [[People's Republic of China]].



==News== <!-- This looks like a news article.  Is it copy-pasted from somewhere?  If so, it should be linked instead. ~~~~ -->

(contracted; show full)

Huaxia has so far failed to attract investment, unlike larger rivals such as Bank of Communications , one-fifth owned by HSBC Holdings Plc. . 

Banking sources said last week that [[Deutsche Bank]] and another European financial firm might sign a deal to buy 10 percent of Huaxia for $220 million as early as September. 

According to Huaxia's annual report, its capital adequacy ratio stood at 8.61 percent at the end of 2004, versus the 8 percent minimum requirement. ($1=8.0913 yuan)

*On 
[[21 September]] [[  2005]], [[Deutsche Bank]] has joined the growing band of foreign banks acquiring stakes in Chinese institutions, with a preliminary agreement to purchase a holding of about 10 per cent in Huaxia Bank, a medium-sized Beijing-based lender, for about $200m. People close to the situation said Deutsche had teamed up with another European financial institution to buy a total of about 15 per cent in Shanghai-listed Huaxia for more than $300m – a slight premium to its market value.

== External links ==

* [http://www.hxb.cc Official homepage]

[[Category: Banks of the People's Republic of China]]