The China Development Bank (CDB) will mainly serve medium- and long-term national development strategies even after it is transformed into a commercial bank, a senior executive said on Sunday.
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NCR Secures Significant ATM Orders Totaling Over 5,600 Units from Top Four Chinese Commercial Banks in 2006
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Vietnam says that four of the country's state-owned banks will sell shares to private investors by the end of this year. The announcement is part of a drive to privatize state-owned companies and make them competitive with foreign rivals. Western investors say they are eager to buy in. In Hanoi, Matt Steinglass has more.
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