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Published on 12/6/2021 in the Prospect News Emerging Markets Daily.

Industrial and Commercial Bank of China gets regulatory approval for RMB 190 billion tier 2 bonds

By William Gullotti

Buffalo, N.Y., Dec. 6 – Industrial and Commercial Bank of China Ltd. received approval from the China Banking and Insurance Regulatory Commission to issue up to RMB 190 billion of tier 2 capital bonds, according to an announcement on Monday.

The lender is based in Beijing.


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