Bank Of China

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Banks cross-bank withdrawals cost double: reasonable price adjustment or monopoly profit

Xinhua Shenzhen, July 6 (Xinhua) Recently, three banks operating in Shenzhen-CCB, BOC, China Merchants Bank said it would add and adjust some of the service price standards, which will be the cost of the interbank withdrawals from the original 2 yuan per sum to 4 yuan, doubled.  This is the following month, ICBC announced a rise in a number of personal business charges, the banking industry set off another wave of personal business fees and charges, triggering a wide range of consumer and experts concerned. Collective high prices of services prompted netizens to question the recent Shenzhen public to China Merchants Bank service outlets for business, can see a adjustment across the line of withdrawal fees ...

Vice President of BOC: China or the world's largest banking market

China News agency Beijing, July 3 (Julina) in the view of Zhu Min, deputy governor of the bank, when the global financial industry is in a slump, the Chinese are heading for the road of Hope. ' Chinese banking will not only become the world's largest banking market, but will also become one of the most lucrative markets in the banking sector, ' Zhu said here on 3rd. "China's overall banking sector is still very healthy, with a small amount of toxic assets." "The bank's holdings of Lehman bonds were only $758 million trillion, compared with a small figure of 70 trillion assets," Zhu said. Chinese silver ...

Deposit reserve Ratio Adjustment tables

The People's Bank of China has decided to raise the deposit reserve ratio of deposit-type financial institutions by 0.5% from January 18, 2010.  In order to enhance the financial strength of agriculture, support spring plowing plowing, rural credit cooperatives and other small financial institutions not to raise. The following is the deposit reserve ratio adjustment tables: Deposit reserve ratio adjustment list number of adjustments before adjustment (unit: percentage) 312,010 year January 12 (large financial institutions) 14.50%15.00%0.5 (small and medium-sized financial institutions) 13.5% No adjustment 302,008 Year 12 ...

Increase in reserve ratio highlights implementation of real estate control intent

Xinhua Tianjin May 4, the People's Bank of China announced that since 10th, the deposit-type financial institutions raised the reserve requirement ratio of RMB 0.5%.  Analysts pointed out that the adjustment coincided with the introduction of real estate control policies, with the implementation of real estate control policy, will be a key aspect of the increase in reserve ratio. May 2, the People's Bank of China announced that from 10th, the deposit-type financial institutions raised RMB deposit reserve ratio of 0.5%, rural credit cooperatives, village and township banks do not raise. After the reserve increase, the deposit reserve ratio of large and medium-sized commercial banks reached 17%.

The Chinese concept stocks fell by a majority in Thursday, with a fall of 6%

Absrtact: China concept stocks Thursday closing data in the early morning of January 16 Beijing time The U.S. stock market Thursday Low, the fifth consecutive day fell. The main stock index plate oscillation is fierce, the results of the big banks disappointing, economic data mixed, the Swiss National Bank of China concept shares Thursday closing data in the early morning of January 16, the U.S. stock market Thursday Low, the fifth consecutive day fell. The main stock indexes were choppy, the disappointing results of big banks, the mixed economic data and the Swiss National Bank's decision to cut interest rates and abandon the Swiss franc's currency restrictions were shocking ...

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