Financial Support Stressing on Medium- and Small-Sized Enterprises ����The year 1999 ushers in the third founding year of Minsheng Bank. Founded in Beijing and being run on a countrywide scale, it is a civilian-run commercial bank formed mainly of shares from non-government enterprises. The bank has already had agent business developed with 209 foreign banks in 42 foreign countries. Starting out with RMB$8.6 billion yuan of assets at first it has come by now to be run with a total of RMB$25.2 billion yuan of assets. In the last three years since its founding, Minsheng has all along insisted on a policy stressing on giving financial services to medium- and small-sized enterprises, civilian-run enterprises and hi-tech enterprises. Loans issued by it to that end have already come to an accumulated amount of RMB$22.2 billion yuan and over 60% of these it has given non-governmental enterprises in China. ���� ���� ���� ���� Economicnews 1999-01-14 Page2 Full Story in Chinese