Feb. 14, 2007 (China Knowledge) – China Everbright Bank, the Mainland's eighth-largest lender, posted a profit increase of 21.65% last year, thanks to strong loan growth and a higher margin from new products.

Loans climbed 16% to RMB 352.4 billion, while deposits increased 14.7% to RMB 519.8 billion. Exact figures for last year’s profits, however, were not provided.

Previous earnings reports state that profits for the nine months of the fiscal 2006 amounted to RMB 2.18 billion.