Bank of Hangzhou Co. Ltd. plans to issue up to 10 billion yuan of Tier 2 capital bonds.
The Chinese bank said May 22 that it has obtained regulatory approval for the proposed bond issue.
As of May 22, US$1 was equivalent to 6.91 Chinese yuan.
Bank of Hangzhou to issue up to 10B yuan of Tier 2 bonds
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Bank of Hangzhou Co. Ltd. plans to issue up to 10 billion yuan of Tier 2 capital bonds.
The Chinese bank said May 22 that it has obtained regulatory approval for the proposed bond issue.
As of May 22, US$1 was equivalent to 6.91 Chinese yuan.