BEIJING (Reuters) – China’s central bank on Friday unveiled a list of 19 banks it identified as systemically important.
The People’s Bank of China (PBOC) identified six state-owned commercial banks, nine joint-stock banks and four urban commercial lenders as crucial to its financial system,according to a statement on its website.
(Reporting by Zhang Yan, Cheng Leng and Ryan Woo; editing by John Stonestreet)