BOC AND CCB READY TO GO PUBLIC

AsiaInfo Services, April, 2005

AsiaInfo Services 04-01-2005 BOC and CCB Ready to Go Public BEIJING, Apr 01, 2005 (SinoCast via COMTEX) -- Bank of China and China Construction Bank are above-par to go public and the central bank has not decided on raising interest rates, said the governor of People's Bank of China, Mr.

Zhou Xiaochuan recently. The comprehensive macroeconomic indicators are decisive to the adjustment of benchmark interest rates. The highflying interestrates will absorb more deposits in the banks, which is in conflict with the expansion of domestic demand. The benchmark interest rates are deemed to influence real estates, whose prices are likely to fluctuate in step with the interest rates.For now, the interest rates of the housing mortgage loan returnto the same level as the...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here