
SYDNEY (Reuters) - Australia's banking regulator said on Friday it had given commercial lender China Everbright Bank Co Ltd <601818.SS> permission to operate in the country and take deposits from customers.
The Australian Prudential Regulation Authority said it had authorised the Beijing-based company as a foreign deposit-taking institution, adding to the list of other licensed Chinese banks in Australia, including the much larger Bank of China Ltd <601988.SS>.
(Reporting by Paulina Duran; Editing by Stephen Coates)