Home>News Center>China
       
 

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

71 foreign banks set up 238 branches 

A total of 71 foreign banks from 20 countries and regions had set up 238 operational entities in Chinaby the end of October this year, Liu said.

Meanwhile, 173 foreign banks from 40 countries and regions haveset up 238 representative offices in 23 cities in China.

The total assets of foreign banks in China amounted to 84.5 billion US dollars, accounting for about 2 percent of the total banking assets in China, Liu told a press conference held by the Information Office of the State Council.

The foreign currency loans made by them accounted for 20 percent of those made by all banking institutions in China.

The scope of business permissible for foreign banks in China has also been further enlarged as 138 of them are allowed to engage in renminbi-dominated business, and 15 are approved to offer web services, Liu said.

While honoring its World Trade Organization commitments, China also opened a number of new businesses for foreign banks, such as custodian services for qualified foreign institutional investors (QFII), insurance agency business, custody business for overseas use of insurance foreign exchange funds, and custody business for stock assets of insurance companies.

Overall, foreign banks in China are now permitted to offer more than 100 types of products and services under 12 broad categories of business activity.
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: 久久免费看黄a级毛片| 午夜天堂一区人妻| 欧美电影《轻佻寡妇》| 国产精品美女久久久网av| 一区二区三区免费电影| 日本三级带日本三级带黄首页| 亚洲国产一成人久久精品| 田中瞳中文字幕久久精品| 另类重口100页在线播放| 韩国中文字幕电影| 国产熟女一区二区三区五月婷 | 国产极品美女视频| 800av在线播放| 天堂网www在线资源中文| 一区二区日韩精品中文字幕| 扒下老师的黑色丝袜桶她| 久久亚洲精精品中文字幕| 最近中文字幕免费mv在线视频| 亚洲国产美女福利直播秀一区二区| 激情内射亚洲一区二区三区| 免费大片av手机看片| 精品欧洲videos| 国产一卡2卡3卡4卡无卡免费视频 国产一卡2卡3卡4卡网站免费 | 国产成人午夜片在线观看| 337p日本欧洲亚洲大胆人人 | 国产亚洲综合色就色| 国产在线播放你懂的| 国产精品91av| 乱系列中文字幕在线视频| 国产精品自在线拍国产手机版| 97青青草原国产免费观看| 在丈夫面前被侵犯中文字幕| a级毛片免费全部播放| 女人国产香蕉久久精品| √在线天堂中文最新版网| 幻女free性zozozoxxxxx| 三级黄色免费片| 怡红院在线播放| 一女被两男吃奶玩乳尖| 性欧美丰满熟妇XXXX性 | 波多野结衣电影免费在线观看|