Thursday, December 21, 2006

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There's a Citibank going in at the rear of 龙之梦 Mall at Zhongshan Park, next to the Coffee Bean and Tea Leaf. Citibank was one of the ten foreign banks to apply for full operational status after WTO commitments came due this December. Foreign banks now operate under the same rules as domestic banks, the most obvious result being that those banks can now offer accounts in the local currency to individuals.

We may be buying a house in the next year or two. It's something to keep in mind.

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1 Comments:

At Jan 2, 2007, 3:12:00 AM, Blogger Brendan said:

Interesting -- I may be in the market for a place within the next couple of years myself. I've got a personal grudge against Citibank, though - they screwed up a friend's life really badly - so I'll have to hold out for someone else.

 

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