Agricultural bank 'all set for reform'
By Zhang Lu | China Daily | Updated: 2007-01-22 07:09
The National Financial Work Conference has set the key tone for the long-awaited restructuring of the Agricultural Bank of China (ABC).
The last of China's Big Four commercial banks (also including the Industrial and Commercial Bank of China, China Construction Bank and Bank of China) to be reformed, the ABC will be restructured and listed as a single companyinstead of being divided into a group of provincial-level banks.
A worker dismantles the Agricultural Bank of China's booth after a financial exhibition in Shanghai. File |
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