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Bank of Communications Sells 30 Billion Yuan in Four-Year Bonds
Express News | Exclusive! The business director of the transportation industry, Wang Wenjin, may be appointed as the vice president of Agricultural Bank.
Bank of Communications (03328.HK) Dubai branch officially opened yesterday.
Bank of Communications (03328.HK) announced that its Dubai International Financial Centre branch officially opened yesterday (27th) at the Dubai International Financial Centre in the UAE. The company stated that there are currently 24 overseas branches and representative offices globally, with 67 overseas operation locations. As of the end of June 2024, the total assets of overseas banking institutions amount to 1,246.721 billion RMB, accounting for 8.79% of the total assets of the bank. (vc/u)~
Express News | The global list of systemically important banks for 2024 has been released, with the five major banks in our country maintaining their respective groups.
The 2024 list of global systemically important banks has been released, and the grouping of the five major banks in our country remains unchanged.
Grunt 28th November | The Financial Stability Board recently released the 2024 global systemically important banks (G-SIBs) list. The list shows that a total of 29 banks have been selected as global systemically important banks this time, the same as the 2023 list, but there have been some changes in the grouping of the banks, which largely reflects the changes in the basic business activities of the banks. Specifically, the fifth group (the highest group) is vacant; the fourth group is jpmorgan; the third group is citigroup, HSBC; the second group is Agricultural Bank of China,
Bank of Communications (03328.HK) completed the issuance of 30 billion RMB non-capital bonds with an interest rate of 2.11%.
Bank of Communications (03328.HK) announced the completion of the issuance of the first tranche of total loss-absorbing capacity non-capital bonds due in 2024, with an issuance size of 30 billion RMB, a term of four years, and a coupon rate of 2.11%. The proceeds will be used to enhance the total loss-absorbing capacity.
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