When the stateownedbanks have more and worse loans, ChinaMinshengBanking Corp Ltd (CMBC), asa joint- stock bank, succeeds in the riskmanagementandcontrol.
The state-run Bank of ChinaLtd. has notified the Foreign Trade Bank of North Korea that its account or accounts were being closed and all financial transactions suspended, said a bank spokeswoman, reading a brief statement.