Thousands of Bank of China Ltd. (BoC) customers who suffered heavy losses after last month’s collapse in oil prices torpedoed an investment they bought from the lender may get a partial bailout after a cabinet-level regulator publicly called for strengthened risk controls on financial products linked to international commodities.
Exclusive: Bank of China Mulls Payout to Investors Who Lost on Risky Oil Bets
2020年05月05日 21:05
来源于
财新网
Under pressure from regulators, lender may repay most customers 20% of their investment, sources tell Caixin
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- Bearing losses of 6.5 billion yuan won’t represent a massive hit to Bank of China’s finances — its net profit attributable to shareholders amounted to 187 billion yuan in 2019.
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