Not as Simple as ABC
2008-04-27LANXINZHEN
Beijing Review 2008年16期
LAN XINZHEN
The Agricultural Bank of China finds it tough as it moves towardmarketization.
The Agricultural Bank of China (ABC)is sailing through rough seas as itweathers the storm of problemsuncovered during its current stage ofreform. With non-performing assets makingup nearly 97 percent of the total of China's four large state-owned commercial banks,alarm bells are going off in ABC halls ofpower.