The story appears on

Page A4

April 28, 2011

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Metro » Society

Finance disputes

DISPUTES on credit cards, bank loans and insurance products are the main types of financial disputes in Shanghai, according to the Shanghai Higher People's Court yesterday.

The three types of disputes accounted for 90 percent of all financial dispute cases in Shanghai. In 2010, the court heard 22,278 business disputes on financial products, up 30 percent from a year ago. The data was revealed at a city-level meeting to shore up Shanghai's legal environment for the financial industry. The combined value of the cases rose to 6.46 billion yuan (US$992 million) last year. More complicated financial products create more disputes.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend