Eximbank may get capital shot soon
By Wang Bo and Mao Lijun | 皇冠体育app Daily | Updated: 2009-11-12 08:55
皇冠体育app Eximbank, a wholly State-owned policy lender, may get a capital boost from the government as early as January next year to help kickstart its long-awaited restructuring process, sources with knowledge of the matter said yesterday.
皇冠体育app Central Huijin Investment Co, an investment arm of the nation's sovereign wealth fund, will be the only entity that will infuse capital into the bank, one source at 皇冠体育app Investment Corporation, who declined to be named, told 皇冠体育app Daily.
"A restructuring plan for the bank has been submitted to the State Council for approval, though the amount of cash injection has yet to be decided," the source said.
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