Original article by Scott Murdoch
The Australian – Page: 17 : 22-Aug-14

Simon Blair, head of international financial services at Commonwealth Bank of Australia (CBA), says its push into the Chinese market has a focus on the regions. It has launched 15 banks in such areas since 2011, the latest being Handanxian County Bank in Hebei province. CBA has full ownership of a third of the businesses, and stakes of 80% each in the remainder. The Chinese county banks have recorded 13% growth in lending and 97% in deposits during 2013-14

CORPORATES
COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, HANDANXIAN COUNTY BANK