日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

  Home>News Center>China
       
 

Overseas banks to move into RMB business
By Zhang Dingmin (China Daily)
Updated: 2005-12-06 05:49

In a report released by PricewaterhouseCoopers in September, the most important driver of change in the Chinese banking industry was the pace of regulatory change, foreign banks surveyed said.

China is expected to scrap all restrictions on foreign banks at the end of next year and allow them into such key areas as local currency retail business.

"The authorities are trying to prod local banks by promoting broader participation of foreign players in the market," said Dong Chen, a senior banking analyst at China Securities.

After a few years of restructuring and rescue plans, Chinese banks, particularly the State-owned Big Four banks, are now able to stand on their own feet in the marketplace, but need to improve risk management, corporate governance and efficiency in a fully-competitive market environment, he said.

The Chinese Government has pumped in a combined US$60 billion as capital infusions for three of the Big Four banks in the past two years to clean up their balance sheets, but analysts say significant progress in areas such as corporate governance has yet to be seen.

"We need to promote competition, which will benefit the Chinese banking sector over the long haul," Dong said, noting domestic banks are not strong enough to compete in the international market.

A total of 71 foreign banks had set up 238 operational entities in 23 Chinese cities by the end of October, according to the CBRC. Although they still account for a small 2 per cent of total banking assets, they have grabbed a 20 per cent share in foreign-currency loans.

Foreign banks now account for 12.4 per cent of total banking assets in Shanghai, China's financial centre. Since the local currency business started opening up two years ago, foreign banks' renminbi assets have risen to 100 billion yuan (US$12.3 billion).


Page: 12345



Heavy snowfalls in Dalian
International Volunteer's Day
A fire in Hebei province
  Today's Top News     Top China News
 

China places biggest Airbus order, relations warmer

 

   
 

Overseas banks to move into RMB business

 

   
 

Malaysian minister arrives to mend fences

 

   
 

Saddam: 'I am not afraid of execution'

 

   
 

China: No change to yuan policy

 

   
 

China, Belarus sign market economy deal

 

   
  China, France sign 16 agreements on cooperation
   
  Mystery of UFO research centre puzzles scientists
   
  Malaysian minister arrives in Beijing to mend fences
   
  Bus accident kills 24, injures nine in Beijing suburb
   
  Hopes rise for men trapped in flooded coal mine
   
  CNPC sacks three responsible for blast
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 一级免费黄色录像 | 亚洲免费福利视频 | 无限资源欧美 | aaa成人| 精品一区二区三区四 | 国产一区精品在线 | 欧美在线影院 | 国产中文字幕在线视频 | 中文字幕免费高清 | 国产精成人品免费观看 | 精品国产免费一区二区三区 | 激情丁香六月 | 蜜桃精品噜噜噜成人av | 天天看天天操 | 视频一区二区视频 | 天天综合网在线 | 精品国产亚洲一区二区麻豆 | 在线观看色视频 | 久久久麻豆 | 日韩高清不卡一区 | 黄色你懂的 | 亚洲少妇精品 | 欧美国产中文字幕 | 久久久青草 | 亚洲高清在线观看视频 | 黄色一级视频免费看 | 亚洲精品手机在线 | 亚洲天堂一区在线 | 亚洲品质自拍 | 六月综合激情 | 午夜网 | 国产精品美女www | 天天爽天天做 | 偷拍视频网站 | 久久免费视频播放 | 国产欧美成人 | 热99视频 | 欧美不卡影院 | 精品午夜一区二区三区在线观看 | 永久黄网站 | 亚洲一区二区视频 |