Download PDF by Yuanyuan Peng: The Chinese Banking Industry: Lessons from History for

By Yuanyuan Peng

ISBN-10: 0415423473

ISBN-13: 9780415423472

This e-book offers distinct systematic micro-level research of the old improvement of the chinese language banking undefined, focusing particularly at the improvement of the financial institution of China (BOC) within the interval 1905 to 1949.

Banking reform is a key zone of China’s fiscal transformation, and this booklet, bringing an unlimited volume of fabric to a Western viewers for the 1st time, presents a close facts of the foremost demanding situations confronted via an immense chinese language financial institution. The book:

  • addresses vital matters in its evolution, together with company governance executive intervention, international pageant and white-collar crime
  • evaluates how the demanding situations in those components have been met
  • considers the result of its efforts
  • draws classes for coverage making at the present time.

Show description

Read or Download The Chinese Banking Industry: Lessons from History for Today's Challenges PDF

Best banks & banking books

Anthony Saunders's Credit Risk Measurement: New Approaches to Value at Risk and PDF

The main state-of-the-art learn at the pricing, modeling, and administration of credits probability on hand the increase of credits danger dimension and the credits derivatives marketplace all started within the early Nineties and has grown ever considering the fact that. for lots of execs, figuring out credits possibility dimension as a self-discipline is now extra vital than ever.

New PDF release: Islamic Finance: Writings of V. Sundararajan

Islamic Finance is a compilation of chosen writings of Dr. Venkataraman Sundararajan (1945 2010), a world coverage maker who performed an important function within the improvement of the regulatory and supervisory frameworks and coverage for Islamic finance. Spanning greater than a decade of his strategies on Islamic finance, this booklet offers either simple and complex wisdom at the box.

Get International Banking Strategic Alliances: Reflections on PDF

The ecu Union is an more and more very important impression on our day-by-day lives with vital political, monetary and cultural implications. to appreciate easy methods to bridge the gaps among nationwide cultures and financial platforms is an valuable. This e-book considers extensive from the interior out, one such Franco-German collaboration within the banking area and sheds gentle on those imperatives.

Download e-book for kindle: Reforming the Financial Sector in Central European Countries by Stanislav Polouček (eds.)

The research during this e-book displays a number of facets of economic quarter transformation in chosen principal eu nations which are anticipated to hitch the european in 2004. The authors are crucial eu monetary specialists who offer, between different issues, an in depth evaluate of the next major themes: Banking rules and Supervision; focus and potency of the Banking Sectors; monetary (banking) crises in chosen valuable ecu nations; and financial and trade expense improvement.

Additional info for The Chinese Banking Industry: Lessons from History for Today's Challenges

Sample text

For merely resuming the Dianshanhu Villa project, another RMB100 million was granted in loans, none of which had any collateral. Qian Yongwei did not use one cent on the Dianshanhu project. For the time being, the Dianshanhu Villa project remains a notorious episode. In short, Liu Jinbao and his associates granted irregular loans to Wantai, while bank managers accepted bribes, kickbacks and other intangible benefits from the borrower. Supervision of branches: the case of the BOC Kaiping sub-branch All Chinese state banks have a similar organizational set-up: a head office and various levels of branches.

In 2002, the net profit of Citigroup was almost ten times that of BOC, which was the most profitable bank among the Big Four. If the factor of employees was considered, the profits per capita in China’s state banks was negligible compared with the global giants. 17 Source: Xu Xiaonian 2004: 3. respectively; in sharp contrast, Citigroup and HSBC had profits per employees of US$61,104 and US$33,833 respectively. Everybody knows that Chinese state banks maintain a huge number of employees. Even recently, after corporate restructuring, BOC discovered 70,000–80,000 surplus employees.

The director of the statistics department of the CBRC spoke out frankly, ‘The commercial banks use the loan reorganization, roll over old loans to delay the appearance of bad loans and reach the target of reduced NPLs for the current period . ). Wu Jinglian (2004), a well-known Chinese economist, points out that, banks have greatly increased their total amount of loans, which increases the denominator of NPLs, so that the NPLs’ ratio has declined without truly improving asset quality. He continues to caution that even for the newly issued loans, with the background of over-heated investment since 2003, it is hard to say how many of them will become NPLs in the future.

Download PDF sample

The Chinese Banking Industry: Lessons from History for Today's Challenges by Yuanyuan Peng

by David

Rated 4.70 of 5 – based on 27 votes