Bank of China (BOC) president Liu Mingkang said in a recent interview in Shenzhen that his bank will undergo a series of restructuring and try to get listed in the stock market within two years.
It is still in consideration whether BOC will be listed on the market in Hong Kong or the mainland, he said.
Banking insiders said that BOC, whose reform efforts had been much larger than the other three state-owned commercial banks, is very likely to go public earlier than the Industrial and Commercial Bank of China, China Construction Bank and the Agricultural Bank of China.
Liu affirmed that BOC will widen its urban, international and multi-functional banking services and upgrade its competitiveness.
(China Daily)
