金融英语基础辅导:银行法
分类: FECT金融英语
Two basic laws were introduced in 1995 to govern banks in China: the Law of the People's Bank of China and the Commercial Banking Law of China (known herein as "The CB Law"). These laws represented a major step in the reforming of the banking system. The CB Law outlines banking reforms in four key areas:
1. Protection of depositors;
2. Granting of greater autonomy to commercial banks;
3. Conversion of specialized banks and credit cooperatives into commercial banks; and
4. Introduction of prudential standards and regulations. At the time, these standards were too high for the major banks to adopt. Today however, all commercial banks ("CBs") adhere to The CB law.
1. Protection of depositors;
2. Granting of greater autonomy to commercial banks;
3. Conversion of specialized banks and credit cooperatives into commercial banks; and
4. Introduction of prudential standards and regulations. At the time, these standards were too high for the major banks to adopt. Today however, all commercial banks ("CBs") adhere to The CB law.