Theres a lot of interest. More particularly from the seller side. Many of the new bank owners recognise that having a bank as part of an industrial group holding company structure isnt viable longer term and they all recognise they need to sell or at least reduce their holdings .
Certainly there are no shortage of banks that are willing to take on foreign partners. Clearly there are a lot of issues about asset quality, but you do have foreign buyers looking to enter the PRC either from Hong Kong or Taiwan. We see more interest...
