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

  Home>News Center>China
       
 

China govt begins Bank of Communications audit
(AP)
Updated: 2006-03-06 16:17

China's top auditor on Monday began a routine review of Bank of Communications , focusing on loan quality of the country's first bank listed outside the mainland, according to sources familiar with the matter.

The National Audit Office assigned teams of government auditors to work with four branches in Beijing, Guangzhou, Zhengzhou and Shanghai as well as with its Shanghai headquarters, they said.

A spokeswoman for the bank confirmed on Monday that an audit was beginning this week but declined to give details.

The audit of China's fifth-largest commercial lender could last at least three to four months, the sources said.

"It's the first time the National Audit Office has gone to audit Bank of Communications since its Hong Kong listing in June," said one banking source.

The bank hired PricewaterhouseCoopers in 2005 as its external auditor in preparation for its Hong Kong listing. But the National Audit Office will have a different focus, the source added.

"PricewaterhouseCoopers's audit was aimed at helping the bank successfully list in Hong Kong, while the National Audit Office is looking for any illegal use of government funds for loans and corporate credits," said an auditing source familiar with the situation.

In the first 11 months of 2005, the audit office found cases involving nearly $40 billion of state funds that had been illegally used by state-owned financial firms and industrial enterprises.

State media, reporting the audit office findings, did not detail the misappropriations.

The Bank of Communications audit would specifically look at mortgages and corporate loans and any potential wrongdoing by bank staff, the sources said.

The bank, 19.9 percent owned by global lender HSBC Holdings Plc. , earned 6.73 billion yuan ($837.4 million) in the first nine months of the year, with loan growth of nearly 20 percent from a year earlier.

The bank expects to report its 2005 full-year financial results in late March, but its spokeswoman said on Monday that any possible results from the official audit would not affect its 2005 earnings.

"If serious problems were found, then the length and branch coverage of National Audit Office's audit would be extended," said one source. ($1=8.0367 yuan)



Top leaders join lawmakers in discussions
Job fair held for agricultural and forestry graduates
Government to boost rural sector
  Today's Top News     Top China News
 

NPC session: China's PM pledges prosperity for all

 

   
 

Taiwan opposition leader to visit US

 

   
 

Nation's 11th Five-Year plan group chewed

 

   
 

Astronauts set for first space walk in 2008

 

   
 

China confirms another human bird flu death

 

   
 

China's military spending is 'low': general

 

   
  Taiwan opposition leader to visit US
   
  China's military spending is 'low': general
   
  Nation's 11th Five-Year plan group chewed
   
  Farmers will benefit from higher spending
   
  Deputies developing understanding of role
   
  Japan, China to discuss East China Sea issue
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 欧美日韩国产综合一区二区三区 | 国产在线不卡午夜精品2021 | 国产精品亚洲一区二区三区 | 国产亚洲精品激情一区二区三区 | 国产一级一国产一级毛片 | 欧美一级欧美三级在线 | 日本一区二区三区在线 视频观看免费 | 99国产精品九九视频免费看 | 亚洲成年人网址 | 成年视频在线 | 成人亚洲精品7777 | 成人免费看 | 亚洲国产成人久久一区二区三区 | 久久福利青草狠狠午夜 | 久久精品免费视频观看 | 一区二区三区在线免费看 | 性xxx69xxx视频在线观看 | 亚洲精品区在线播放一区二区 | 欧美一区二区三区久久综合 | 日韩欧美一级毛片视频免费 | 成人精品一区二区不卡视频 | 日韩成人在线观看视频 | 国产精品久久久久久久久久久搜索 | 中文字幕最新中文字幕中文字幕 | 亚洲国产三级 | 日韩一区二区三区在线视频 | 国内外成人免费视频 | 成年人网站免费观看 | 一区二区三区免费 | 就草草在线观看视频 | 澳门毛片免费观看 | 欧美亚洲在线 | 一级毛片在播放免费 | 中国三级网站 | 成人性色生活影片 | 国产一级a毛片高清 | 久久久久久精 | 青青草国产免费一区二区 | 国产成人免费在线 | 成人免费观看高清在线毛片 | 2019偷偷狠狠的日日 |