Minsheng had 374 outlets at the end of 2008, 300 fewer than China Merchants, the largest joint-stock bank.

ECONOMIST: China��s first privately owned bank readies for listing

Some companies have to seek new financing channels to get funded, said a manager in charge of credit with a Chinese joint-stock bank.

WSJ: Chinese Banks Cut Back on Wealth-Management Products

Khalid and his four brothers inherited NCB upon their father's death in 1994, and a 21% stake was sold to a group of private investors when the bank morphed from an unlimited liability private partnership into a joint stock company.

FORBES: Banker Khalid Bin Mahfouz is dead at age 60.

LB, which is already a joint-stock company, but two groups of Sparkassen would still own most of the bank.

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