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An HSK (Level 6) Examination Score Report. The Hanyu Shuiping Kaoshi (HSK; Chinese: 汉语水平考试; pinyin: Hànyǔ Shuǐpíng Kǎoshì), translated as the Chinese Proficiency Test, [1] is the People's Republic of China's standardized test of proficiency in the Standard Chinese language for non-native speakers.
In mainland China, HSBC has the largest services network among foreign banks. The bank offers a full range of services that cater to both middle-class individuals (Premier Banking Service) and to business-oriented individuals as well, from a robust network of 37 main branches, and 23 smaller branches, also known as sub-branches (支行) in Chinese.
On 6 August 2004, HSBC announced that it would pay US$1.75 billion for a 19.9% stake in Shanghai-based Bank of Communications. At the time of the announcement, Bank of Communications was China's fifth-largest bank and the investment by HSBC was eight times bigger than any previous foreign investment in a Chinese bank. The industry considered ...
The Higher School Certificate (HSC) is the credential awarded to secondary school students who successfully complete senior high school level studies (Years 10, 11 and 12 or equivalent) in New South Wales and some ACT schools in Australia, as well as some international schools in Singapore, Malaysia, Indonesia, China, and Papua New Guinea.
The Chinese Banking Liquidity Crisis of 2013 was a sudden credit crunch affecting China's commercial banks evidenced by a rapid rise on 20 June 2013 in the Shanghai interbank overnight lending rates to a high of 30 percent from its usual rate of less than 3%. [1] The ensuing panic affected gold markets and stock. [1]
China's Reserve Requirement Ratio for large banks. China's banking sector had CN¥417 trillion (US$58.54 trillion) in assets at the end of 2023. [1]The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world as of 2018.
Like many of the countries directly affected by the 1997 Asian Financial Crisis, Chinese bank NPLs grew substantially (with some estimates reaching as high as 42% of the big four banks' loan balance). [2] This forced Chinese authorities to establish asset management companies (AMCs) in order to purchase NPLs and affect a bank recapitalization.
Between 1950 and 1978 the PBC was the only bank in the People's Republic of China and was responsible for both central banking and commercial banking operations. [7]: 225 All other banks within mainland China such as the Bank of China were either organized as divisions of the PBC [8] or were non-deposit taking agencies. [9] [10]: 449