Banking News
- Minsheng to boost loans to industries
Date: 20-Dec-2007 Sources: (Shenzhen Daily)
CHINA Minsheng Banking Corp., the nation's first privately owned bank, said yesterday it was splitting its corporate banking operation into five specialized units including real estate and energy to boost loans to targeted customers.
Minsheng would focus on lending to industries that also include transportation, metallurgy and institutions, the Shanghai-listed company said in a statement. Employees in its 298 outlets nationwide were being regrouped based on customers, products and industries, rather than on geography, the bank said.
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