China Encouraged Private Capital to Invest on Banks

  • Saturday, December 14, 2013
  • Source:ferro-alloys

  • Keywords:invest
[Fellow]China Encouraged Private Capital to Invest on Banks

[] China Banking Regulatory Commission announced recently it would revise the administrative license regulation on commercial banks. According to the new rules, terms for Chinese financial institutions to establish a commercial bank were obviously eased. Commercial registration for initiator institution was cancelled but capital source must be self-owned capital. It was commonly analyzed that this would guide and regulate private capital to invest on banks.


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