The cabinet revised existing rules on Saturday, abolishing the requirement for foreign-owned and joint-stock banks
to inject 100 million yuan ($16.
In 2012, state-owned commercial banks, joint-stock banks
, Postal Savings Bank of China, urban commercial banks, agricultural commercial banks and other financial institutions bought 100,700 ATMs cumulatively, up 34.
Originally built as a bank in the 1850s, it was one of the first joint-stock banks
in the North East.
The Country Bankers' Act of 1826 allowed the establishment of note issuing joint-stock banks
with more than six partners, but not within 65 miles of London.
Then legal sanction was given to the joint-stock banks
without concessions to the Bank.
Privatization of banks and creation of private banks are equal and mutual complementary mechanisms which pursues the only objective, namely, it stimulates an establishment of a new class in a banking sector--the class of owners--or the class of a private and joint-stock banks
with a foreign capital to increase the management efficiency of banking resources.
Canada and Australia, starting later, wisely picked Scottish banking, joint-stock banks
with extensive branching, and a physical presence in London.
Viet Nam has witnessed the rapid expansion since the mid-1990s of what are nonstate banks -- joint-stock banks
(JSBs), joint-venture banks, and branches of foreign banks.
In this report, the Bank of England was clearly responding belatedly to the government's decision to force it to open branches and to promote large, joint-stock banks
Due to the foregoing factors, although city commercial banks face competition from state-owned banks, joint-stock banks
and foreign banks, together with the rigorous requirements on NPL ratio set by the China Banking Regulatory Commission, the bright prospects are foreseeable.
According to the purchase statistics of the major banks, in 2012, the major state-owned commercial banks, joint-stock banks
, postal savings, city commercial banks, rural commercial banks and other financial institutions have purchased about 100,700 sets of ATM equipments, increased by about 25,900 sets compared with 74,800 sets in 2011, and the growth rate was 34.
It became clear that such reorganization could not be realized without changing the ownership structure of the big joint-stock banks