tera gold the Bank bad loan of $ 720 million annual cumulative collection of Guiyang - QUT

Xu Ming in 21st century network on March 23, Web sites publish news that China Banking Regulatory Commission agreed with the Bank's initial public offering of shares of stocks in Guiyang.　　The banks issue size of not more than 500 million shares in Guiyang, the CBRC said Guiyang banks raise funds after deducting the cost of issue, should be used to add to your capital. In 2012, the regulator, andSFC to support local banks listed tera gold, there are 14 banks queue listing.　　A few days ago, Chen Dongzheng tera power leveling, Director of the Shenzhen Stock Exchange in Shenzhen Stock Exchange sponsor institution Joint Conference on 13th also said that China's city commercial banks, rural firms listed should be expanded in order to better serve the good little micro-enterprise financing needs. Banks as early as 2009, Guiyang as IPO road beginning unconventional collection of non-performing assets, sought to NPL ratio does not exceed 1%. It is learnt that, in 2010, the Bank bad loan of $ 720 million annual cumulative collection of Guiyang, the collection amount of 538 million dollars of bad loans, fell to $ 970 million in bad loans from the beginning of $ 350 million, defective rate fell to 1.13% from 3.81% at the beginning of.By the end of 2011, at around 80 billion in assets of banks in Guiyang. Bank, formerly known as Guiyang Guiyang City commercial bank, controlled by Guiyang municipal SASAC, was established in April 1997, and officially changed its name to Bank of Guiyang in January 2011. Early in 2007 tera gold, the Bank started listing the preparatory work until December 2010 when yourYang Hong held the extraordinary meeting, considered by a public offering listing related motions, officially started his road to market. Reads as follows: Guiyang Bank of China Banking Regulatory Commission on the initial public offering of shares of stock listed and approval of the programme of Guiyang banks: you line the Bank IPOs and listing in Guiyang (from your bank(2011), 15th) for your information.　　My reply is as follows: first, the principle of consent you row a-shares in initial public offerings of stock, issuance of not more than 500 million shares.　　Second, you raise funds after deducting the cost of issuing this release, should be used to add to your capital. Third, you should strictly abide by relevant laws and regulations, and according to the rules of procedures and requirements to complete the work. Others:

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