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-Rural commercial banks might find it tougher to list shares.

Global Banking News-September 22, 2011--Rural commercial banks might find it tougher to list shares(C)2011 ENPublishing -

Global Banking News - 22 September 2011

A proposed change in rules by the Chinese banking regulator is expected to make listing by rural commercial banks in China, tougher.

Reuters said that the China Securities Regulatory Commission (CSRC) has issued a consultation paper on listing requirements for rural commercial banks. It is believed that the requirements would disqualify most rural commercial banks looking for a listing.

Under the proposals, rural commercial banks would need a minimum asset base of CNY70bn if they were to be listed.

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Publication:Global Banking News (GBN)
Date:Sep 22, 2011
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