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China’s ICBC gets OK for up to RMB 130 billion tier 2 capital bonds
By Wendy Van Sickle
Columbus, Ohio, Aug. 21 – Industrial and Commercial Bank of China Ltd. received approval from the China Banking and Insurance Regulatory Commission to issue up to RMB 130 billion tier 2 capital bonds in China’s national inter-bank bond market, according to a notice with the Stock Exchange of Hong Kong.
ICBC is based in Beijing.
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