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CHINA'S 1ST JOINT-STOCK COMMERCIAL BANK INAUGURATED IN TIANJIN.

AsiaPulse News

| January 02, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TIANJIN, Jan 2 Asia Pulse - Bohai Bank, the first state-level joint-stock commercial bank in China, was inaugurated on Saturday in Tianjin, a leading port city in north China.

The bank was established with the approval of the State Council, China's cabinet.

With a registered capital of 5 billion yuan (US$619.56 million), the bank is jointly invested by shareholders ...

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