The Steps of Banks' Shareholding in Insurance Companies Are Slow Time: 2009-4-18 00:42 | Author: Wan Yun | Source: China Business News "Two banks have been approved to take shares in insurance companies." When the relevant media reported this news, the reporter from China Business News received an opposite reply when verifying with the CIRC. The steps for banks to establish insurance companies might not be as fast as imagined by people outside.