February 9, 2018 / 10:17 AM / in 10 months

BRIEF-Citic Bank Signs Agreement With HNA Group With Credit Line Worth 20 Bln Yuan

Feb 9 (Reuters) - Citic Bank Corp Ltd:

* SAYS SIGNS STRATEGIC AGREEMENT WITH HNA GROUP PROVIDING CREDIT LINE OF WORTH 20 BILLION YUAN ($3.18 billion)

* SAYS THE COOPERATION WILL HELP HNA GROUP IN STRATEGIC TRANSFORMATION, DEVELOPMENT OF HAINAN AIRLINES

* SAYS IT IS CONFIDENT OF HNA GROUP’S FUTURE Further company coverage: ($1 = 6.2961 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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