Was Tyrone Bank acquired by China Everbright Bank?

The bank was acquired by China Everbright Bank.

Zhejiang Tailong Commercial Bank is a large city commercial bank in Zhejiang Province, which belongs to China Everbright Bank. In 2004, Zhejiang Tailong Commercial Bank was formally acquired by China Everbright Bank and became its subsidiary.

Zhejiang Tailong Commercial Bank was established in 1994. It was originally a provincial-level commercial bank funded by Zhejiang Provincial Department of Finance, Zhejiang Provincial Department of Agriculture and Zhejiang Provincial State-owned Assets Management Committee.