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"Big Four" banks in full drive to build China into a financial powerhouse

From en.ce.cn

China's "Big Four" commercial banks, who are among the world's largest lenders, are stepping up efforts to better support the national economy while enhancing risk management amid the country's efforts to build itself into a financial powerhouse. Exclusive interviews with heads of the four state-owned lenders -- Industrial and Commercial Bank of China (ICBC), Agricultural Bank of China (ABC), Bank of China (BOC) and China Construction Bank (CCB) -- revealed the priorities of these lenders. TOWARDS A FINANCIAL POWERHOUSE To develop China into a financial powerhouse, its financial industry is in urgent need of ... (full story)

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  • Category: Fundamental Analysis