[ET Net News Agency, 20 April 2021] Bank of China Limited (03988) said the bank has
received the approval from CBIRC on the Bank of China's participation in the investment
and establishment of the National Green Development Fund Co., Ltd.
(Yinbaojianfu[2021]No.278) from China Banking and Insurance Regulatory Commission and
obtained the approval on the bank's participation in the investment and establishment of
the National Green Development Fund Co., Ltd. (the NGDF).
The bank will contribute RMB8 billion, which will be made in five years from the date of
establishment. (RC)