trending Market Intelligence /marketintelligence/en/news-insights/trending/EGkjy-deCxhVhH7jN3YOyA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Bank of Ningbo to raise up to 20B yuan via bonds

Blog

Banking Essentials Newsletter: May Edition

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks


Bank of Ningbo to raise up to 20B yuan via bonds

Bank of Ningbo Co. Ltd. obtained approval from the People's Bank of China to issue up to 20 billion yuan of financial bonds.

Funds raised from the bond issuance will be used to extend loans to small and micro-sized enterprises.

As of May 21, US$1 was equivalent to 6.90 Chinese yuan.