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AGRICULTURAL BANK OF CHINA TO BOOST RETAIL BUSINESS

AsiaInfo Services, October, 2007

AsiaInfo Services 10-31-2007 Agricultural Bank of China to Boost Retail Business SHENZHEN, Oct 31, 2007 (SinoCast via COMTEX) -- Agricultural Bank of China has made a new retail banking development strategy, said the president Xiang Junbo recently. "We plans to actively promote the growth of county economy in the following 5 to 15 years," added the president.

"Currently, the simple personal wealth management products and services have not met the increasing diversified needs." In the near future, the bank is to improve and perfect products and functions of the retail banking, in which it will also introduce the better concepts, products, and services of investment banking business in succession. Besides, it will be dedicated to the businesses of deposits,...

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