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Two city-level Chinese commercial banks set IPO prices (2) |
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08:33, July 16, 2007 |
With 68 branches in eastern Zhejiang Province, the Bank of Ningbo had 56.6 billion yuan in total assets, with a non-performing loan ratio of 0.33 percent in 2006. Three of China''s four leading state-owned commercial banks and six of its 12 mid-sized commercial banks have been listed on the domestic market. China has 114 small city commercial bank in operation.
Source: Xinhua [1] [2]
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