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Capital injection approved for ICBC Leasing

27 August 2009

ICBC’s board of directors has approved a capital injection of RMB 3 billion for its leasing arm which is now looking to do more deals

Read more: ICBC ICBC Leasing China Construction Bank China Development Bank

ICBC Leasing is looking to do more aircraft deals after its parent bank said it will inject further capital into its leasing subsidiary.

Industrial and Commercial Bank of China’s board of directors have approved an injection of RMB 3 billion ($439 million), a capital increase from RMB...


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