trending Market Intelligence /marketintelligence/en/news-insights/trending/En2U-8SnVmW_RwMoAoXWog2 content esgSubNav
In This List

China Minsheng Banking to issue up to 40B yuan of Tier 2 bonds

Blog

Commercial Banking: June 22nd Edition

Blog

Commercial Banking Newsletter June Edition - 2022

Podcast

Street Talk | Episode 96: Considering recession risks, prospects that the Fed achieves a 'soft landing'

Blog

Insight Weekly: US recession outlook; mortgage activity slowdown; climate disclosure push


China Minsheng Banking to issue up to 40B yuan of Tier 2 bonds

China Minsheng Banking Corp. Ltd. received approval from the China Banking and Insurance Regulatory Commission to issue up to 40 billion yuan of Tier 2 capital bonds.

The planned issuance is still subject to the approval of the People's Bank of China.

As of Dec. 28, US$1 was equivalent to 6.88 Chinese yuan.