Unit of China’s ICBC bank to take 10.82% stake of troubled Bank of Jinzhou
The Industrial and Commercial
Bank of China (ICBC), , the country’s
largest lender by assets, said on Sunday its wholly owned unit
had signed an equity transfer agreement to invest in the
troubled Bank of Jinzhou.
Bank of China (ICBC), , the country’s
largest lender by assets, said on Sunday its wholly owned unit
had signed an equity transfer agreement to invest in the
troubled Bank of Jinzhou.
Posted by Reuters