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Published on 7/12/2022 in the Prospect News Emerging Markets Daily.

China's Weihai City Bank redeems all RMB 2 billion of tier 2 bonds

By Devika Patel

Knoxville, Tenn., July 12 – Weihai City Commercial Bank Co., Ltd. said it redeemed all RMB 2 billion of its tier 2 capital bonds at par on July 11.

Weihai City Commercial is a commercial bank based in Weihai, China.


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