Potential of rural China financial market revealed

Banking, Finance and Insurance

Thursday, October 16, 2008 00:36:49

	Potential of rural China financial market revealed By STAFF EDITOR Published: March 05, 2008 12:00 PM Assets at small and medium-sized financial institutions in rural China amounted to US$788.07 billion (RMB5.6 trillion) as at the end of last year, the China Securities Journal reported, citing Liu Mingkang, director of the China Banking Regulatory Commission. Loans worth a combined US$168.87 billion (RMB1.2 trillion) were issued to 32.8% ... You are currently reading 50 words of 153 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: China Banking , China Securities Journal , HSBC	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 > Standard Chartered offers unsecured loans to Chongqing SMEs Beijing Rural Bank’s Q1 net profit up 38% China’s pension fund to invest more aggressively Desire to invest in stocks, real estate hits 10-year low 40% of Chinese private firms target overseas expansion: HSBC HSBC launches bank in rural China Futures trading sluggish in September

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