www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

Private banks seek path to survive

(Xinhua) Updated: 2014-08-01 10:00

SHANGHAI/HANGZHOU - Within six months, three banks set up by Chinese private entrepreneurs will open for business, raising questions as to how can they fit in a sector dominated by State-owned lenders.

China's banking regulator gave the go-ahead last week for several companies to set up the banks incorporated and run by domestic, private firms in three cities in East China, where economic output accounts for more than 60 percent of the country's total.

The pilot, which seeks to add five private lenders, is being implemented at a time when China is pushing for interest rate liberalization and more efficient allocation of credit.

Private banks seek path to survive
Private banks get go-ahead
Private banks seek path to survive
Starting now, bank loans easier to get 
Profit in the Chinese banking sector has slid from 30 percent three years ago to 10 percent last year, with a further profit decline expected in the years ahead. Banks are also facing rising volumes of bad loans as growth in the country moderated from double digit to around 7.7 percent last year.

Yet this prospect does nothing to dishearten private entrepreneurs from making inroads into the banking industry. Interest and applications for joining the pilot program have already come from a diverse range of companies, from conglomerates such as the Shanghai-based Fosun Group to Internet behemoths Alibaba and Tencent.

However, bankers have urged caution, warning that failure of a bank would wreak havoc.

In terms of the pilot, authorities have taken a measured approach to prevent a reckless private bank opening binge.

There are also concerns about firms that apply to open a private bank and use it to secure cheap credit for themselves instead of lending to other companies based on creditworthiness.

Chen Xiaojun, Chairman of Taizhou Bank in East China's Zhejiang province, said that instead of approving new establishments, authorities should consider changing ownership structures of existing rural and urban commercial banks by replacing their government stakeholders with private ones.

Taizhou Bank underwent such a reshuffle in the early 2000s, with the local government now holding only a 5-percent stake in the bank.

Lian Ping, chief economist with Bank of Communications, China's fifth largest lender by assets, said the success of these up-and-coming lenders lies in their ability to meet demands in areas long ignored by large state banks.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 成人精品一区二区www | 国产黄色大片网站 | 中文字幕在线播放 | 看一级特黄a大一片 | 亚洲小视频在线播放 | 欧美精品国产制服第一页 | 黄网在线免费 | 特级毛片免费观看视频 | 精品一久久香蕉国产二月 | 亚洲欧美一区二区久久 | 黄色三区| 在线国产视频 | 欧美日韩中文字幕在线视频 | 色综合视频一区二区观看 | 亚洲日本在线观看视频 | 久久老司机波多野结衣 | 欧美成人tv在线观看免费 | 草草在线影院 | 一 级 黄 色 片生活片 | 在线观看亚洲免费视频 | 91久久国产露脸精品免费 | 一级片在线观看视频 | 视频一区二区三区自拍 | 日本午夜vr影院新入口 | 一级淫片免费视频 | 特级a毛片 | 国产精品久久永久免费 | 成人免费福利片在线观看 | 免费区欧美一级毛片 | 国产精品久久久久久久久免费hd | 精品成人免费一区二区在线播放 | 国内偷拍免费视频 | 大美女香蕉丽人视频网站 | 美女视频网站免费播放视 | 涩里番资源网站在线观看 | 大量愉拍情侣在线视频 | 欧美一区二区三区不卡免费观看 | 99爱精品视频 | 99精品久久秒播无毒不卡 | 日韩毛片在线播放 | 新版天堂资源中文在线 |