China’s CITIC Bank tries to seize real estate assets in Canada

7 months ago Comments Off on China’s CITIC Bank tries to seize real estate assets in Canada

VANCOUVER, June 27 (Reuters) – China CITIC Bank Corp Ltd has launched a Canadian lawsuit to try to seize the assets of a Chinese citizen the bank claims took out a multi-million dollar loan in China then fled to Canada, the lender’s Vancouver-based lawyer said on Monday.


Reuters: Financial Services and Real Estate