Cathay large Christian population, while the Jesuits in China had not found any Christians there. In retrospect, the Central Asian Muslim informants' idea of the Ming China being a heavily Christian country may be explained by numerous similarities between Christian and Buddhist ecclesiastical rituals – from having sumptuous statuary and ecclesiastical robes to Gregorian chant – which would make the two religions appear externally similar to a Muslim merchant. This may also have been the genesis of the Prester John myth. To resolve the China-Cathay controversy, the India Jesuits sent a Portuguese lay brother, Bento de Góis on an overland expedition
Cathay United Bank Bank with the National Bank of Cambodia’s approval, acquired a 70% stake in Singapore Banking Corporation (SBC). SBC was founded in 1993 and has 6 branches and 10 exchange offices in Cambodia. A year later in September 2013, Cathay United Bank reached an agreement with the remaining shareholders of SBC to acquire the remaining 30% shares. In January 2014, the name was changed to Cathay United Bank Cambodia (CUBC). To expand its banking operations in Asia, in December 2014, CUB through its sister company and life insurance arm of Cathay Financial Holding, Cathay Life Insurance, acquired a 22% share (approximately