|
|
![]() |
![]() Raymond Zhou:
By jingo, they're mad! Op Rana:
Consumerism and politics of waste Ravi S. Narasimhan:
Lessons from SARS have to be applied Alexis Hooi:
Beyond the death and destruction China Development Bank goes commercial
By Xu Shenglan (chinadaily.com.cn)
Updated: 2008-12-02 11:33 The new joint-stock entity China Development Bank (CDB) Co Ltd was formally registered in Beijing Monday. Members of the company's board of directors and the board of supervisors were approved by the first shareholders' conference that was attended by representatives of China's Ministry of Finance and Central Huijin Investment Co, according to the notice published on CDB's website. CDB, one of the country's three policy banks, had aims to restructure itself to a commercial lender and get listed on the stock at an appropriate time, sources with the country's central bank said in February this year. The bank accomplished this after getting approval by the State Council in the middle of February 2008, and went through a series of reforms including restructuring and?company management framework adjustment. CDB received $20 billion of capital injection from China Central Huijin Investment Co last December, an investment arm of the Chinese government, as part of the long-anticipated restructuring, which raised CDB's capital adequacy ratio to 12.77 percent and improved its risk-prevention capability. CDB was established in 1994 as one of China's three policy banks, along with the China Export and Import Bank and the China Agricultural Development Bank. ![]() ![]()
![]() |
沁源县| 怀柔区| 米脂县| 瓮安县| 沙田区| 阿荣旗| 油尖旺区| 屯昌县| 肥乡县| 永州市| 博乐市| 兴和县| 永修县| 黄石市| 德州市| 新宁县| 确山县| 邹城市| 通化县| 永和县| 宽城| 陆河县| 太湖县| 台北市| 和政县| 镇康县| 靖安县| 温泉县| 玉林市| 大连市| 容城县| 泸定县| 鄄城县| 许昌市| 关岭| 游戏| 南汇区| 东阿县| 岳阳县| 渝北区| 通江县|