Tuesday, January 29, 2008
Well, it's official, former PBOC governor Dai Xianglong will end his career as the head of the National Social Security Fund, replacing former minister of finance Xiang Huaicheng. I heard that NSSF backed out of some of its securities positions a couple of months ago. I hope that is indeed true, else Dai will come into a mess. Either way though, I would think that he is quite happy with this assignment. Now we see what Wu Xiaoling gets. I am sure she is far from ready to retire at this point.
戴相龙任社保基金理事会党组书记
http://www.sina.com.cn 2008年01月30日11:38 中国政府网
戴相龙任社保基金理事会党组书记
资料图片：戴相龙
近日，中共中央、国务院决定：
任命戴相龙同志为全国社会保障基金理事会党组书记、理事长。来源：社保基金会网站
戴相龙简历
戴相龙，男，汉族，1944年11月生，江苏仪征人，1973年5月加入中国共产党，1967年9月参加工作，大学学历，研究员，博士生导师。曾任云南省圭山煤矿财务科会计、宣传科干事、二工区党支部副书记，省煤炭工业局政治部干事，中国人民银行江苏省分行干部，中国农业银行江苏省分行干部、拨款处副处长，江苏省丰县副县长，中国农业银行江苏省分行副行长。1985年2月起，先后任中国农业银行副行长，交通银行总经理、副董事长、党组书记，中国太平洋保险公司董事长，中国人民银行副行长、党组副书记。1995年6月起，先后任中国人民银行行长、党组书记、党委书记，2001年6月同时担任中央金融工委副书记。2002年12月起，任天津市委副书记，市长、市政府党组书记。
戴相龙任社保基金理事会党组书记
http://www.sina.com.cn 2008年01月30日11:38 中国政府网
戴相龙任社保基金理事会党组书记
资料图片：戴相龙
近日，中共中央、国务院决定：
任命戴相龙同志为全国社会保障基金理事会党组书记、理事长。来源：社保基金会网站
戴相龙简历
戴相龙，男，汉族，1944年11月生，江苏仪征人，1973年5月加入中国共产党，1967年9月参加工作，大学学历，研究员，博士生导师。曾任云南省圭山煤矿财务科会计、宣传科干事、二工区党支部副书记，省煤炭工业局政治部干事，中国人民银行江苏省分行干部，中国农业银行江苏省分行干部、拨款处副处长，江苏省丰县副县长，中国农业银行江苏省分行副行长。1985年2月起，先后任中国农业银行副行长，交通银行总经理、副董事长、党组书记，中国太平洋保险公司董事长，中国人民银行副行长、党组副书记。1995年6月起，先后任中国人民银行行长、党组书记、党委书记，2001年6月同时担任中央金融工委副书记。2002年12月起，任天津市委副书记，市长、市政府党组书记。
Comments:
BEIJING, Feb. 15 (Xinhua) -- Non-performing loans (NPL) among the five major Chinese state-owned banks hit 1.11 trillion yuan (about 155.3 billion U.S. dollars) in 2007, up 35.13 billion yuan from the third quarter.
For the five banks, the NPL ratio hit 8.05 percent, 0.22 percentage points higher than the third quarter, the China Banking Regulatory Commission (CBRC) said here on Friday.
The five lenders refer to the Bank of China, China Construction Bank, the Industrial and Commercial Bank of China, the Agricultural Bank of China and the Bank of Communications.
Analysts explained the NPL rebound in the five banks might result from the sub-prime loan crisis in the United States, especially for the Bank of China and the Industrial and Commercial Bank of China.
The crisis has had little effect on other Chinese banks who have little overseas business.
With outstanding NPL standing at 86.04 billion yuan, 12 Chinese joint-stock commercial banks reported a 2.15 percent ratio of NPL last year, a drop of 0.26 percentage points from the third quarter, the CBRC said.
The NPL ratio of city commercial banks declined to 3.04 percent in 2007 from 3.67 percent in the third quarter.
Post a Comment
For the five banks, the NPL ratio hit 8.05 percent, 0.22 percentage points higher than the third quarter, the China Banking Regulatory Commission (CBRC) said here on Friday.
The five lenders refer to the Bank of China, China Construction Bank, the Industrial and Commercial Bank of China, the Agricultural Bank of China and the Bank of Communications.
Analysts explained the NPL rebound in the five banks might result from the sub-prime loan crisis in the United States, especially for the Bank of China and the Industrial and Commercial Bank of China.
The crisis has had little effect on other Chinese banks who have little overseas business.
With outstanding NPL standing at 86.04 billion yuan, 12 Chinese joint-stock commercial banks reported a 2.15 percent ratio of NPL last year, a drop of 0.26 percentage points from the third quarter, the CBRC said.
The NPL ratio of city commercial banks declined to 3.04 percent in 2007 from 3.67 percent in the third quarter.
# posted by 
: 6:47 AM
: 6:47 AM
