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Guotong Buys for the Third Time this Year Minsheng Bank’s Non-Performing Asset Package

Date:2016-10-26  count:1

Beijing Guotong Asset Management Co., Ltd. (Guotong) officially bought the non-performing assets package of the fourth quarter of 2016 from China Minsheng Bank Credit Card Center (Center) for an approximate value of CNY 610,000,000. The deal involved 5,290 households and this is the third time that Guotong won the bid for the non-performing asset package from this Center

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