Wu先生说，如果新设一银行，单单是繁杂的申请程序就得花去一间银行五年的时间（而在当地收购就会将此过程大大简化）。

Merely fulfilling the complex application procedure to open up on its own could take a bank five years, Mr Wu says. This deal should close by the end of 2007.

youdao

此管理经验不再被要求是盈利企业的管理。这一改变将简化申请处理程序。

This experience no longer has to be acquired in a profitable business which will simplify application processing procedures.

youdao

首先，它简化了申请程序。

First, it simplifies the application process.

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