BBVA may boost CITIC Bank stake
By Fei Ya | China Daily | Updated: 2009-11-24 08:11
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The Spanish bank is expected to earmark 1.1b euros to increase its stake to 15 percent in China CITIC Bank. Shao Chang |
China's medium-sized lenders are competing to raise capital from foreign partners or the stock market and eyeing opportunities to boost loan business in the first half of 2010.
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