By Yuanyuan Peng
This ebook presents targeted systematic micro-level research of the ancient improvement of the chinese language banking undefined, focusing specifically at the improvement of the financial institution of China (BOC) within the interval 1905 to 1949. Banking reform is a key region of China’s monetary transformation, and this e-book, bringing an enormous volume of fabric to a Western viewers for the 1st time, presents an in depth proof of the major demanding situations confronted via an immense chinese language financial institution. The publication: addresses very important matters in its evolution, together with company governance executive intervention, overseas festival and white-collar crime evaluates how the demanding situations in those parts have been met considers the result of its efforts attracts classes for coverage making this day.
Read or Download The Chinese Banking Industry: Lessons from history for today's challenges (Routledge Studies on the Chinese Economy) PDF
Similar banks & banking books
Reforming the World Bank: Twenty Years of Trial - and Error
Within the many stories of the area financial institution a serious factor has been overlooked. whereas writers have checked out the Bank's political economic climate, lending, stipulations, recommendation, possession and accounting for matters reminiscent of the surroundings, this examine appears to be like on the financial institution as a company - if it is organize to do the activity it truly is alleged to do and, if now not, what may be performed approximately it.
The Art of Better Retail Banking: Supportable Predictions on the Future of Retail Banking
"This new publication on retail banking is either readable and leading edge. Its research is strangely obtainable in its kind, and the book's conclusions and predictions should be rightly notion scary. the client is gaining actual energy and this new book's insights at the significance of management, the necessity to unharness creativity and to make a bank's IT and other people source interact extra successfully for client delight are very important tips to the form of destiny aggressive differentiation.
Financial Crisis and Bank Management in Japan (1997 to 2016): Building a Stable Banking System
This booklet explores the demanding situations confronted by way of the japanese economic climate and the japanese banking following the monetary obstacle that emerged round the flip of the final millennium. the writer explores how the japanese monetary drawback of the past due Nineteen Nineties engendered large restructuring efforts within the banking undefined, which finally resulted in much more sweeping adjustments of the commercial approach and long term deflation within the 2000s.
- China's Financial Markets: An Insider's Guide to How the Markets Work
- Central Banking in Developing Countries: Objectives, Activities and Independence, 1st Edition
- Portfolio Theory & Financial Analyses: Exercises
- Secrets of Swiss Banking: An Owner's Manual to Quietly Building a Fortune
- The Great Reversal: The Privatization of China, 1978-1989
Extra info for The Chinese Banking Industry: Lessons from history for today's challenges (Routledge Studies on the Chinese Economy)
Sample text
Focusing on operations that are 22 The challenges facing China’s state banks today subscale compared with the titans and following slow organic growth strategies are unlikely to guarantee independence anymore. A new challenge for top management is to survive successfully in the age of banking titans. 3 per cent of aggregate profits (The Banker 2005). These banking titans are not only big, they are extremely powerful. They enjoy benefits of economies of scale and scope, global reputation, low cost, sophisticated IT systems, international branding, high quality human resources and a high level of technical expertise.
Irrational regulations and rules There is a paradox: on the one hand, central and local governments are active in intervening in banks; on the other hand, they provide little of the regulatory infrastructure needed to support the commercialization of banks. China’s Bankruptcy Law, issued in 1986, discriminates against creditors. The most disputed point is that all properties will be first used to settle debts owed to the employees, instead of repaying external debts. Also, the collaterals are similarly used for the employees rather than being handed over to the creditor, which is in open conflict with ‘Guarantee Law’ (Caijing 5 June 2004).
High NPLs directly endangered the security of China’s banking system. In recent years, a series of strict measures have been adopted to deal with NPLs, such as massive government bailouts and stringent control targets for individual banks. Nevertheless, the NPL ratio in China’s state banks is still disappointingly high. For the Agricultural Bank of China, the recent ratio is 25 per cent (Caijing 17 October 2005); for some branches of state banks in Northeast China, the ratio even reaches 36 per cent (China Business Post 12 March 2005).