Caixin
Apr 01, 2012 11:41 AM

Eight Banks Reveal Fundraising Plans

(Beijing) – Major commercial banks have unveiled plans to pour into fundraising pipelines, following announcements by banking regulators that higher capital requirements will be issued later this year.

According to bank reports, as of March 30, 8 banks have completed or are currently preparing fundraising plans, which involve a combined total of 200 billion yuan in funds.

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