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Two city-level Chinese commercial banks set IPO prices (2)
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08:33, July 16, 2007

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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
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