Table 7
CAPITAL POSITION OF THE 13 CHINA STATE-OWNED BANKS
Before 1980 Rmb¥Mn
1980 Rmb¥Mn
1984
RmbMn
Bank of China#
400
1,000
1,000
Bank of Communications
100
300
400
Sin Hua Trust, Savings
80
200
300
and Commercial Bank
Kincheng Banking
80
200
300
Corporation
Kwangtung Provincial Bank
80
200
300
China and South Sea Bank
50
150
250
National Commercial Bank
50
150
250
China State Bank
50
150
250
Yien Yieh Commercial Bank
50
150
250
*
Nanyang Commercial Bank
HK$200мn HK$400Mn
Po Sang Bank
HK$ 50Mn
HK$200Mn
*
Hua Chiao Commercial Bank
HK$ 50M HK$200Mn
*
Chiyu Bank Corporation
HK$ 30Mn
HK$100M
Incorporated in Hong Kong.
In December 1985, the Bank of China received approval from the Chinese Government to increase its share capital from Rmb¥1 billion to Rmb¥3 billion.
G F 326
CONFIDENTIAL ##