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AMCs transfer huge package of non-performing loans, XINHUA.
Publication: Finance Wire Publication Date: 30-NOV-04 |
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COPYRIGHT 2004 FDCH e-media
Original Source: Emerging Markets Datafile
URL: http://www.xinhua.org
BEIJING, Nov. 30 (Xinhua) -- China Orient Asset Management Corporation (Orient AMC) Tuesday announced its purchase of about 130 billion yuan (some 15.7 billion US dollars) worth of non- performing loans from China Cinda Asset Management Corporation ( Cinda AMC).
A spokesman...
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