综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Economy

Markets

Industries

Insights

Reports

Events

China toughens stance on banks' acquisitions

(Agencies)
Updated: 2009-02-26 16:57

China's banking regulator has told the country's five biggest lenders, including Bank of China and China Construction Bank, that it will step up regulation of overseas acquisitions and investments as it confronts the global financial crisis, a source familiar with the situation said.

Related readings:  Chinese banks allowed to finance M&As  Banks' overseas M&A challenges outlined  Non-financial acquisitions may increase this year

The China Banking Regulatory Commission also told the lenders it would examine the quality of new loans and boost its monitoring of the quality of existing loans, while calling on them to prepare for the possible exit of foreign strategic investors as share lock-up periods expire, the source said.

China's five biggest lenders, which also include Industrial & Commercial Bank of China, Bank of Communications and Agricultural Bank of China, have avoided the severe financial difficulties that hit western rivals such as Citigroup and Royal Bank of Scotland.

But worries have mounted that risky overseas investments could undermine their financial health, while government pressure to boost lending and bolster the slowing domestic economy could lead to a rise in non-performing loans.

"The current economic and financial crisis is having a huge impact on the global economy, while massive potential risks have built up," the source quoted the regulator as saying.