In October, a former chairman of the Bank of China was arrested over suspicion of bribery and giving illegal loans. Liu Liange, chairman of the state-owned bank from 2019 to 2023, had resigned ...
former chairman of state-owned Bank of China, and Wang Bin, former head of state-owned China Life Insurance. In April, Liu, who stepped down in March 2023, pled guilty to accepting bribes totaling ...
At a time when the country faces unprecedented challenges, these state-owned banking giants show their importance as the economy’s lifeline. ICBC and BOC line up issuance plans for 60 billion ...
China's six large state-owned commercial banks, including the Industrial and Commercial Bank of China, Agricultural Bank of China, and Bank of China, said on Thursday that they will gradually ...