IFR, a Thomson Reuters publication, reported last week that the bank had revived plans for the listing after shelving it first in 2011 and then again in 2012.
The bank said in a filing to the Shanghai stock exchange on Tuesday that its board had decided to now push ahead with the listing.
Everbright is looking to raise at least $2 billion through the listing in the second quarter of 2013, IFR said, citing sources with direct knowledge of the plans.
China Everbright Capital, China International Capital Corp (CICC), Morgan Stanley and UBS were hired as joint global coordinators and as joint bookrunners with BNP Paribas, BOC International, HSBC, JPMorgan and Shenyin Wangguo Securities, IFR said.