Banks to be allowed to invest in insurers

Banking, Finance and Insurance

Friday, October 10, 2008 21:05:26

	Banks to be allowed to invest in insurers By STAFF EDITOR Published: January 14, 2008 12:00 PM The assistant to the chairman of the China Insurance Regulatory Commission, Yuan Li, said domestic banks will be allowed to invest in insurance companies under a pilot program designed to encourage them to broaden ... You are currently reading 35 words of 108 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Bank of Communications , insurance , Bank of China , management , China Construction Bank	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > China’s pension fund to invest more aggressively 7 large Chinese banks have US$722m Lehman exposure Sino-Canadian life insurer enters Guangdong AIA survey uncovers low health and retirement insurance coverage Only 10% of 1.5b China bank cards active: Expert ICBC online banking attracts 50m users Individual wins bid for 0.0127% stake in Jiangsu bank

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