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��Home>>Business
Most middle-class Chinese favor foreign banks
www.chinanews.cn 2007-04-12 17:09:20
Chinanews, Beijing, April 12 - China Indexes conducted a survey on the
life of new middle-class people in 12 big cities in China, finding that
77.8% of them favor foreign banks, despite the fact that only 18.9% of
them know foreign banks thoroughly.
The good service quality of foreign banks is the main reason for their
popularity, as 61% of the respondents say so. Their good operation has
also been accepted by 44.8% of the respondents. The transparency of the
charges of the foreign banks is a bonus advantage, too.
57% of the respondents believe foreign banks will greatly affect domestic
commercial banks, while another 33% don't.
Only 6.9% of the respondents don't think that they will choose foreign
banks.
��Foreign banks see a surge of RMB deposit
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