+ China Merchants Bank Co., Ltd. (CMB) (SSE: 600036; HKEX: 3968) announced on January 17 that the China Banking Regulatory Commission (CBRC) and the People’s Bank of China (PBOC) has approved its plan to issue a maximum of CNY 20 billion worth of bonds to support its lending to small and micro enterprises.
+ China CITIC Bank Co., Ltd. (SSE: 601998; HKEX: 998) announced on the same day that it plans to issue CNY 30 billion worth of financial bonds, also to be used for loans to small and micro enterprises. However, this plan still awaits approval from its shareholders, CBRC, and PBOC.
+ Related Companies: China CITIC Bank (SSE: 601998), China Merchants Bank (SSE: 600036)
+ Related Data: Small and Micro-sized Loans, Financial Bonds
Summary of loans and financial bonds for small and micro-sized enterprises
For more data on other
banks, please visit www.chinascopefinancial.com
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