12 Central Enterprises Signed Debt-to-Equity Swap Agreements with Banks

2017-07-15

Central enterprises have presented brilliant performance in the first half of the year, hitting new highs in both revenues as well as profits. 12 central enterprises have signed framework agreement with banks on debt-to-equity swap, speeding up the restructuring and consolidation of these central enterprises. While trying to maintain growth, central enterprises are paying more attention to risks control as well as the quality and benefits of improvements. Shen Ying, chief accountant of the S...
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First private bank in Northeast China starts operation

CHANGCHUN - The first private bank in China's rust belt, an industrial area in the northeast had officially started operation on Tuesday, as the first approved the establishment of the northeast. Headquartered in Jilin, Yillion Bank was approved in December 2016 by China's banking ...
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15
2017-07

353.6 Billion worth of “Fat Ang Paos” sent out during banks bonus frenzy

According to public information, 25 listed banks shared out bonuses totalling 353.6 billion Yuan this bonus season.   Among them, Industrial and Commercial Bank (ICBC) of China was the most generous, paid bonuses exceeding 80 billion Yuan. Bonuses from China Construction Bank, A...
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15
2017-07

12 Central Enterprises Signed Debt-to-Equity Swap Agreements with Banks

Central enterprises have presented brilliant performance in the first half of the year, hitting new highs in both revenues as well as profits. 12 central enterprises have signed framework agreement with banks on debt-to-equity swap, speeding up the restructuring and consolidation of these central e...
View Details>>
15
2017-07
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