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CHINA CONSTRUCTION BANK SEES SHARP RISE IN BILL BUSINESS.

AsiaPulse News

| August 01, 2003 | COPYRIGHT 2003 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

BEIJING, Aug 1 Asia Pulse - The China Construction Bank (CCB), one of China's four state-owned commercial banks, witnessed a sharp rise in its bill discount business in the first half of this year, a CCB spokesman announced here yesterday.

The bank did 177.6 billion yuan (US$22.2 billion) in the business during the period, exceeding its annual target of 170 billion yuan, an increase of 349 per cent over the same period last year.

The CCB saw much potential to ...

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Source: HighBeam Research, CHINA CONSTRUCTION BANK SEES SHARP RISE IN BILL BUSINESS.

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