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PROFILE - CHINA'S BANKING INDUSTRY (NOV 2002).
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A PROFILE OF CHINA'S BANKING INDUSTRY
PREPARED BY ASIA PULSE ANALYSTS (UPDATED NOV 2002)
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OVERVIEW:
In the first three quarters of this year, China's financial operation turned for the better amid stability.
The main features were: the money supply grew faster; corporate deposits continue to increase, personal savings deposits increased fast; loans of financial institutions increased a lot amid further optimization of structure; the growth of base money was steady, foreign exchange reserve increased further, and the asset quality of financial institutions improved remarkably.
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Source: HighBeam Research, PROFILE - CHINA'S BANKING INDUSTRY (NOV 2002).