男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Economy

Markets

Industries

Insights

Reports

Events

CCB to issue 80b yuan in subordinated bonds

By Yang Zhen (chinadaily.com.cn)
Updated: 2009-03-27 11:28

China Construction Bank (CCB), the world's second-largest lender by market value, plans to issue up to 80 billion yuan in subordinated bonds to improve its capital adequacy ratio, the bank said in a statement Thursday.

Related readings:  CCB gets London branch license  CCB to tread carefully on acquisitions  CCB to give out 500-600b yuan in loans  Baosteel gets 800m yuan loan for Ningbo Steel

The bank's shareholders approved its bond issue plan at a board meeting. The term of the bonds will be longer than 10 years, according to the statement.

The bank raised 40 billion yuan successfully through bonds sale earlier this year.

Soaring loan growth and higher capital adequacy ratio requirements have prompted Chinese banks to shore up capital through bond issues. Chinese banks issued 2.67 trillion yuan in new loans in the first two months of this year, up 159 percent over the same period last year, according to figures from the central bank.

CCB is due to release its 2008 earnings late Friday.