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ICBC Peru approves $20M capital hike
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them
Street Talk Episode 66 - Community banks tap the debt markets while the getting is good
Lima-based Banco Industrial y Comercial de China Ltd. approved a $20 million capital hike equivalent to 67.6 million shares to be solely subscribed by parent company Industrial & Commercial Bank of China Ltd., the Peruvian subsidiary said in a filing.
The capital contribution, which will be made in cash, is aimed at "reinforcing" the equity position of the company.