BEIJING, Nov. 13 -- The Agricultural Bank of China (AgBank), the only one of the country's "Big Four" State banks that has not been bailed out, has submitted its revised restructuring plan to the State Council, State media said Friday.

    AgBank has been sticking to the plan to list the whole company, as breaking up the sprawling bank in the restructuring could prove more risky, the China Securities Journal said, quoting Han Zhongqi, the bank¡¯s vice president.

    Han added that the lender will kick off restructuring after spinning off its losses, and will follow up with moves to bring in foreign strategic investors.

    Intent on shoring up its financial sector, China has injected a total of 60 billion U.S. dollars into the nation's other three banking giants-Bank of China, Industrial and Commercial Bank of China and China Construction Bank.

    A pre-listing bail-out of AgBank will cost an estimated 100 billion dollars, the official Xinhua news agency said last month, citing a senior official with Central Huijin, the Ministry of Finance's investment arm.

    The form of the capital injection, and the source of it, has yet to be decided, other State media said.

    China drew 60 billion dollars to recapitalize the other three big banks from its foreign exchange reserves.

    (Source: Shenzhen Daily)