Monday, November 25, 2013

China's rural bank struggles to attract deposits





Edible oil producer Ye Jianjun is the kind of borrower BOC Fullerton Community Bank likes to boast about. Two years ago, a local operation of the rural bank extended 100,000 yuan (HK$126,000) to Ye in Qichun county, Hubei province. He received the loan in 10 days and bought rapeseed in time to earn a big fortune.









via Business feed http://www.scmp.com/business/banking-finance/article/1364846/chinas-rural-bank-struggles-attract-deposits

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