IndustrialBank Co. Ltd. said it received approval from the People's Bank ofChina to issue up to 30 billion yuan of Tier 2 capital bonds, Reuters reportedApril 1, citing a Chinese-language text.
As of April 1, US$1was equivalent to 6.48 Chinese yuan.
Industrial Bank gets regulatory nod to issue Tier 2 bonds
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Industrial Bank gets regulatory nod to issue Tier 2 bonds
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