Mergers and Acquisitions and Restructuring of China's City Commercial Banks: A Study of Anhui Commercial Bank Model

Author: Yang Jiacao
Publisher:
Publish Date: 2006-12-01
Features: Chinese city commercial banks are undergoing transformation. The Weishang Bank, jointly reorganized from six city commercial banks and seven city credit unions in Anhui Province, was established at the end of 2005, marking a milestone in the development path of Chinese city commercial banks. The Huishang culture has a long history, representing the fine traditions of the Chinese nation such as integrity, diligence, elegance, and enterprising spirit. Weishang Bank inherits the brand with immense intrinsic value, and in the history of reform and development of Chinese city commercial banks, it represents a positive exploration and attempt, accumulating valuable experience for further promoting the reform of city commercial banks in China. This book is divided into two parts. The first part is a research report, which comprehensively, systematically, and objectively introduces the historical background and formation process of Weishang Bank, conducts economic and legal analyses of its formation, and introduces its corporate governance and development strategy. Finally, it evaluates the Weishang Bank model and its significance for the reform of Chinese banking. The second part is a collection of materials, mainly including important documents, speeches by leaders, and reports from news organizations during the formation process of Weishang Bank. These materials are also of significant reference value for those concerned with the reform of city commercial banks.