BNY Mellon asset selected by PCA asset China Dragon a share fund

by uusjio | September 27, 2007 at 08:29 pm
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Mr. Sang-Bum Lee, Head of the Foreign Custody team at Kookmin Bank, commented: "Kookmin Bank is the largest trustee bank in Korea with a strong corporate and retail banking network. As the first trustee bank in Korea to allow local investors to make investments into the China A-share market, Kookmin Bank will take the advantage of leading local investors to tap into this new investment market. Kookmin Bank selected

The Bank of New York Mellon because of its strong partnership approach and its ability to share their expert knowledge in the complex workflow of securities and cash instruction movements to and from the China market. Over the course of many years working with The Bank of New York Mellon, they have consistently demonstrated that they can commit their valuable resources and time to meet our requirements and expectations as well as the demands of the Korean market."

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