May Yan
May Yan
against banks bases business city commercial financial improve licensed local market
As local commercial banks improve their financial performances and business practices, they could become more competitive locally. Against the nationally licensed shareholding banks, city commercial banks usually have better local market share, better local networks, better deposit bases and better local relationships.
property quite sector
The whole property sector has been quite hot.
change determined government
The government is determined to change this sector.
banks city commercial cut economy enhance expand forces increase large network small work
While large banks need to cut network and work forces to enhance efficiency, small city commercial banks may need to expand to increase economy of scale.