BoCom buys stake in rural bank ahead of listing

Banking, Finance and Insurance

Saturday, August 30, 2008 05:58:38

	BoCom buys stake in rural bank ahead of listing By STAFF EDITOR Published: January 17, 2008 12:00 PM Bank of Communications (BoCom) purchased a 10% stake in Changshu Rural Commercial Bank Wednesday, making it the first large state-owned bank to hold a stake in a rural bank, the Oriental ... You are currently reading 31 words of 94 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: Bank of Communications , IPO	More Articles in Banking, Finance and Insurance > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > 3-4 year profit horizon for HSBC’s rural business Shenzhen bank boss gets US$3.24m in compensation for ’07 Hangzhou bank eyes IPO China Pacific Insurance posts $1.6b premium revenues in January Banking sector steady despite mortgage risks Shandong farmers pay RMB182m for farm insurance in 1H Changsha Bank sells 20% stake to French counterpart

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