摘要
After years of heated controversies and dashed expectations, the China Banking Regulatory Commission （CBRC） finally unveiled its pilot private bank scheme on March 1 1, which selects 10 privately owned com- panies, including Internet giant Alibaba and Tencent, to participate in the preparations for setting up five private banks.
State-owned banks,which have got used to resting on interest margins,face new rivals After years of heated controversies and dashed expectations,the China Banking Regulatory Commission(CBRC)finally unveiled its pilot private bank scheme on March11,which selects 10 privately owned companies,including Internet giant Alibaba and Tencent,to participate in the preparations for setting up five private banks.
