China shareholding banks must reform further-PBOC

Shareholding commercial banks must be encouraged to further improve their corporate management structure and financial services to develop in a sound, steady way, said the governor of the People's Bank of China (PBOC).

Addressing a seminar on the reform and development of shareholding commercial banks held this week [5-9 March], Dai Xianglong spoke highly of the achievements made by China's shareholding commercial banks.

He said that since 1986 when the China Bank of Communications resumed its

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