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Everbright to raise funds

By Wang Bo | 皇冠体育app Daily | Updated: 2009-07-23 07:57

Everbright to raise funds

A 皇冠体育app Everbright Bank office in Haikou, Hainan province. The bank is roping in strategic investors through private placement of shares to augment its capital requirements. CFP

皇冠体育app Everbright Bank Co is planning to rope in eight institutional investors through a private placement of 5.2 billion shares as part of its efforts to expand its capital base, a senior executive of the bank said yesterday.

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