Jan 09, 2012 04:20 PM

City, Rural Banks Knock at IPO Approval Door

By staff reporter Zhao Jingting, Lu Yuan, Zhang Yuzhe and Ma Yuan

Regulators appear ready to re-open the door for commercial bank listings by inviting the nation's smaller banks to go public in 2012.

The China Securities Exchange Commission (CRSC) wants to end a five-year moratorium for bank IPO approvals, Caixin has learned, and modify its listed-bank asset requirements in a way that encourages flotations.

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