China Everbright Bank is likely to report an earnings increase of at least 50 percent year-on-year for the full year of 2010, Reuters reported on Friday, citing the Shanghai Securities.
Li Jie, the mid-sized lender's vice president, said full year earnings in 2010 is likely to exceed 12 billion yuan ($1.80 billion).
The mid-sized bank started trading on the Shanghai Stock Exchange Aug 18 after completing China's second-biggest IPO so far this year.