国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
BOC banks on global presence
( 2003-08-21 08:54) (China Daily)


The Bank of China (BOC), the country's largest foreign exchange bank, plans to further expand its business in Japan and South Korea by increasing its co-operation with major commercial banks in the two countries.

The bank signed a memorandum of understanding for co-operation with Japan's Sumitomo Mitsui Banking Corporation and South Korea's Korea Exchange Bank in Seoul on Monday, confirmed BOC senior official Du Chaohua.

Under the co-operation agreement, the three sides will provide preferential services for each other in the businesses of remittance, international trade settlement and foreign exchange, Du said.

The three sides will also provide training opportunities and exchange business information, he said.

Meanwhile, the high-level leaders of the three banks will meet regularly to discuss topics of common concern, he said.

"The move is aimed at further promoting economic co-operation among the three countries," he said.

Huang Jinlao, a researcher with BOC's International Financial Research Institute, said the signing of the agreement is merely a normal business activity. But it suggests BOC is gradually trying to become an international bank.

BOC spokesman Wang Zhaowen said that since 2000, the bank has mapped out an ambitious plan to turn itself into a large international bank with competitive advantages and relatively good corporate governance within three to five years.

The bank would further grow into one of the top international banks through mergers and acquisition within five to 10 years, he said.

Earlier this year, Wang said the bank tried to get listed on the stock markets before 2005.

During the first half of this year, BOC reported operating profits rose a year-on-year 27 per cent to 27 billion yuan (US$3.2 billion). The bank's pre-tax profits rose by 84.53 per cent year-on-year to 12.96 billion yuan (US$1.56 billion).

He said the strong profit growth was mainly because of the fast growth in renminbi deposits, renminbi loans and non-interest business, and the improvement of asset quality.

By the end of June, the bank's outstanding amount of renminbi deposits increased by 208.97 billion yuan (US$25.2 billion) compared with the end of last year.

The outstanding amount of renminbi loans increased by 165.4 billion yuan (US$19.9 billion) from the end of last year.

 
Close  
   
  Today's Top News   Top Business News
   
+The next great leap after Shenzhou V
( 2003-10-21)
+Hu calls for balanced development
( 2003-10-21)
+Report: SARS not airborne virus
( 2003-10-21)
+Japan urged to resolve weapons issue
( 2003-10-21)
+Int'l AIDS group opens Beijing office
( 2003-10-21)
+Home-appliance giants want wheels
( 2003-10-21)
+Exchange-rate reform under study
( 2003-10-21)
+Health insurance sector called for
( 2003-10-21)
+SanDisk teams up to open outlets
( 2003-10-21)
+Housing prices start to sag in Shanghai
( 2003-10-21)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
  Related Articles  
     
 

+BOC on greater global presence
2003-08-21

+Investor hopes drive BOC HK shares to record
2003-08-19

+BOC Shanghai chief fired after loan probe
2003-07-09

+US court favors BOC New York branch
2002-09-26

+Cyber payments speed up customs
2002-09-02

+Anemic stock debut for BOC (HK)
2002-07-26

+Bank of China shares fall in listing debut
2002-07-25

 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
    1. <object id="qpdkh"></object>
      <dfn id="qpdkh"></dfn>
      <dfn id="qpdkh"></dfn>

      <th id="qpdkh"></th>
      鹤山市| 台山市| 开平市| 丽江市| 微博| 张北县| 满洲里市| 四子王旗| 迁西县| 任丘市| 武安市| 旅游| 治多县| 曲麻莱县| 清镇市| 东阿县| 靖安县| 邮箱| 杂多县| 常宁市| 集安市| 治多县| 咸宁市| 香港 | 迭部县| 嘉义市| 凤凰县| 康保县| 梅州市| 竹山县| 宁德市| 喀喇| 万盛区| 抚顺县| 左贡县| 乐平市| 措勤县| 太湖县| 南充市| 娄烦县| 齐河县|