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BRIEF-China Merchants Bank plans investment fund, offers Anbang Insurance financing guarantee
December 13, 2016 / 11:17 AM / in 10 months

BRIEF-China Merchants Bank plans investment fund, offers Anbang Insurance financing guarantee

Dec 13 (Reuters) - China Merchants Bank Co Ltd

* Says it plans to set up investment fund worth 10 billion yuan ($1.45 billion) with partner

* Says board approves to offer Anbang Insurance financing guarantee of 6.0 billion yuan

Source text in Chinese: bit.ly/2gCs0uE; bit.ly/2gCpiFJ

Further company coverage: ($1 = 6.9020 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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