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Listings of two big State banks imminent

www.chinanews.cn 2005-03-08 09:31:08

(Source: China Daily)

Mar. 8 - The public listings of Bank of China (BOC) and China
Construction Bank (CCB) are "not far off," China's central bank chief
said yesterday.
Zhou Xiaochuan, governor of the People's Bank of China the central bank
said the two banks had completed financial restructuring, and were
strengthening corporate governance and implementing internal reforms.
China is strengthening the four major State banks BOC, CCB, Industrial
and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC)
to prepare them for a "full opening-up" of the banking sector by the end
of 2006.

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8610-68327649

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