Xinhua News Agency, June 8, the Hong Kong Monetary Authority announced today that the Monetary Authority has granted a banking licence to CITIC Bank Limited (CITIC Bank) under the Banking Ordinance. Citic Bank is a bank incorporated in the people's Republic of China. The licence will take effect today (that is, 8 June 2023). Following the granting of a banking licence to CITIC Bank, the number of licensed banks in Hong Kong is 153.