Search
Close this search box.

Beijing looking for RMB 215 billion

Australia
State Development Bank of China
Investment

(China) – The State Development Bank of China plans to issue RMB 215bn in financial bonds in 2002, expecting the bonds to become tradeable on the stock market.The bank is looking to issue RMB 173bn worth of long and medium term loans and recoup loans and related interest of a combined RMB 114.6bn during the year. This is based on Bank forecasts of a capital adequacy ratio of over 8 percent and total assets of RMB 1,020bn by the end of 2002.

Connect
with East

At East & Partners we work together as one firm to serve our clients wherever they need us.

Our collective knowledge and experience across globalĀ  markets helps us guide clients on the intricacies of each region while enabling cohesion across their global footprint. Apples with apples and pears with pears in complex and demanding financial services markets
globally.

Lookup
subscribe
This field is for validation purposes and should be left unchanged.