Released on = August 24, 2006, 2:37 am

Press Release Author = RNCOS

Industry = International Trade

Press Release Summary = The banking sector in china is in a burgeoning phase with
private banks being the flavor for the days to come.

Press Release Body = The shooting up of demand for private banking and wealth
management is an offshoot of the booming market economy in China. However, the
absence of high quality financial services is conspicuous. The range of services
available is considerably limited, creating a viable opportunity for foreign banks.
Presently, offshore private banking constitute a major chunk of the market pie,
standing at 20 %.

What makes China the apple-pie of investors & businesses from across the globe is
the developed nature of the economy. In 2005, China Banking Sector saw investments
from leading credit card issuing banks. Global leaders like Citigroup, HSBC
Holdings, and American Express have signed partnerships for credit card operations
with a number of Chinese banks. Citigroup partnered with Shanghai Pudong Development
Bank, spending U.S $68 million for a stake of 5.1% and is meditating upon ownership
of up to 25%.


RNCOS' recent report, entitled, "China Banking Sector Analysis (2006-2009)" figures
out the present face and the future potential of China's Banking Sector. As per
April 2005,the number of financial institutions stood at 28,000 and the value of
total assets at 41 trillion Yuan or U.S $5 trillion. The number of banks increased
from 45 in 2003 to 53 by the end of 2005. They have the standard capital adequacy
rates exceeding 7.9%. CBRC - China Banking Regulatory Commission affirms that the
assets of these banks constitute 75.2 % of that of the overall Banking Sector
Market.

The report handles critical industry specific issues, such as:

 How competitive is the market of the China Banking Sector?
 What are the factors driving the Banking Industry in China?
 What are the opportunities and challenges of this industry?
 How has the China Banking Sector- performance been -in terms of
personalized loans, demographic factors?

This report will provide assistance to businesses and investors by unfolding the
opportunities and the factors driving the Banking Industry in China.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/IM056.htm
For more information about the report please visit www.rncos.com


Web Site = http://www.rncos.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com