BANK OF CHINA INCREASES AUTHORISED CAPITAL
Bank of China has increased authorised
capital to five billion yuan from three billion to help meet
expanding business needs, the official People's Daily reported.
    The state-owned bank's total assets reached 345 billion
yuan at end-1986, up from 260.5 billion at end-1985, it said.
    The bank handles almost all of China's foreign exchange
business and the settlement of international trade
transactions.
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