The Financial Times, the Switzerland bank to sell stake in Bank of China
Hexun news, according to “Financial Times” on January 1st published a article signed for Martin Arnold to say, that with the Swiss banks have been taking measures to make up the adverse effects from the credit crisis to assets and liabilities, currently, the Switzerland’s largest bank has sold off sell-off shares in the Bank of China and 3.5 billion dollars in profits from transactions.
Bank of China: 300 billion opening and won in the first single for Linde Group
Yesterday, the Bank of China announced on the basis of the early expansion of the size of credit for the railway, electricity, roads and other key projects, from now to next year, the loan amount will be invested over 300 billion yuan. In the past month, the Bank of China for business loans has been added 30 billion, and in December is expected to add another 30 billion yuan.
Bank of China: next year the project loan will super 300 billion
On December 10th, in the enlarged meeting of the party committee of the Bank of China, chairman of Bank of China Xiao Gang required the entire line of credit to increase the effective and full support of expanding domestic demand, and actively adjust credit structure. This is the Bank of China in a month, for the second to implement appropriate monetary policies to support macro-economic boost demand for funds.
It was eported that the Bank of China delayed buying a share of Edmond de Rothschild Bank
Market sources, the Bank of China may need to delay investment of Edmond de Rothschild Bank of France (La Compagnie Financiere Edmond De Rothschild) for 20% rights and interests. It is learned that the deal has not been approved by Chinese regulators, so Bank of China may seek an extension of the trading deadline, to seek finishing in the first quarter of next year.
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