CBRC Aims for Bank Presence in All towns

Full article in Chinese: http://www.bocvip.com/2009-10-19/110286763.html

Basic financial services will be available in all towns within about three years, Liu Mingkang, chairman of the China Banking Regulatory Commission, said at a town financial service meeting on Oct. 16.
China still had 2,945 towns without bank outlets as of June 30, with 708 having no financial services, according to the CBRC.
Towns without bank outlets were located in 27 municipalities, provinces and autonomous regions. Of the total, 2,367 were in western China, 287 in central China and 291 in eastern China.