BEIJING, March 31 (Reuters) - Bank of Communications' (BoCom) 3328.HK 601328.SS board secretary said a recapitalisation plan is expected to increase the lender's core tier-1 adequacy ratio by 1.28 percentage points and will help enhance risk resilience.
He Zhaobin made the remarks in response to investors' questions at an online briefing on Monday.
Four of China's largest state banks, including BoCom, said on Sunday they plan to raise a combined 520 billion yuan ($71.71 billion) in private placements from investors.
($1 = 7.2515 Chinese yuan renminbi)
(Reporting by Ziyi Tang and Ryan Woo)
((Ziyi.Tang@thomsonreuters.com;))
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