Tang Shuangning
Tang Shuangning
although corporate governance inadequate poor problems qualified risk shortage staff
Although some improvements have been made in restructuring the units, the fundamental problems of inadequate risk controls, poor corporate governance and a shortage of qualified staff have yet to be solved.
bank definitely reform
We will definitely reform the Agricultural Bank of China.
adequacy banking capital collect commercial control engaging expertise foreign funds improve internal investors learn management purpose raise ratio reform strategic
The purpose of engaging strategic investors in the shareholding reform is not to collect funds to raise the capital adequacy ratio of the state-owned commercial banks, but to learn from the expertise of our foreign counterparts in service, management and internal control to improve the competitiveness of China's banking sector.
apart domestic investors invite overseas qualified strategic
Apart from overseas investors, we will also invite qualified domestic strategic investors as partners.
asset bank burden compared cover employees extremely heavier number prudent services state terms
But we are extremely prudent over the reforms, because compared with other state banks, Agricultural Bank has a heavier burden in terms of asset quality, the number of employees is big and services cover the countryside.