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CBRC Punishes Eight Banks For Improper Bank Loans

Aggregated Source: ChinaRetailNews.com
June 25, 2007|

The China Banking Regulatory Commission says it will punish eight Chinese banks that have been involved in improper loans. According to various local media reports, the banks include the Bank of Communications Beijing Branch, Bank of Beijing, China Merchants Bank, Industrial and Commercial Bank of China, CITIC Bank and Shenzhen Development Bank. They will be fined [...]

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