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November 10, 2009

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Bank of Communications Teams up with Haagen-Dazs

THE Bank of Communications has teamed up with Haagen-Dazs in a co-branded credit card as it seeks to attract more clients.

The Shanghai-based bank has agreed to set up a credit card company with a registered capital of 2.5 billion yuan (US$366 million) with HSBC to strengthen cooperation. The two banks became partners in the credit card business in 2005.


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