On the evening of January 2, the official website of the National Financial Regulatory Administration announced that the regulatory body approved BANK OF GUIZHOU to issue capital instruments not exceeding 3 billion yuan (inclusive), categorized as subordinate debt Bonds. The approval date is noted as December 23, 2024. In 2024, the issuance scale of commercial bank perpetual Bonds exceeds 1.6 trillion yuan, significantly surpassing the 1.12 trillion yuan in 2023.
On January 3, the Financial Associated Press reported that the first batch of bank bond issuance approval for 2025 has been announced.
On the evening of January 2, the official website of the National Financial Regulatory Administration announced that the regulatory authorities approved the BANK OF GUIZHOU to issue capital instruments not exceeding 3 billion yuan (inclusive) in Renminbi, with the type being secondary capital Bonds. The approval date is noted as December 23, 2024. Today, a report from Caixin found that the issuance scale of secondary Bonds by commercial banks in 2024 exceeds 1.6 trillion yuan, significantly surpassing the bond issuance scale of 2023.
Official website information shows that BANK OF GUIZHOU is a state-owned enterprise managed by Guizhou Province, established on October 11, 2012, with its registered location and headquarters in Guiyang, the provincial capital of Guizhou Province. On December 30, 2019, BANK OF GUIZHOU was listed on the Hong Kong Stock Exchange.
In 2024, the issuance scale of subordinate Bonds by banks exceeded 1.6 trillion.
Wind data shows that in 2024, the issuance scale of subordinate Bonds by commercial banks exceeded 1.6 trillion yuan, while in 2023, this figure was 1.12 trillion yuan. In comparison, the issuance scale of subordinate Bonds in 2024 significantly increased by 480 billion yuan compared to 2023.
The Financial Associated Press noted that from the perspective of issuing entities, last year, the national joint-stock commercial banks and urban commercial banks issued a considerable number of subordinate capital Bonds, while the six major state-owned banks issued a certain scale of subordinate capital Bonds in addition to issuing a large number of perpetual Bonds. Wind data indicated that the six major banks issued approximately 30 subordinate Bonds last year, with an issuance scale reaching 876 billion yuan, accounting for a significant portion of the annual subordinate Bonds.
Furthermore, according to the official website of the National Financial Regulatory Administration, last year, several urban commercial banks including Bank Of Chongqing, Bank Of Zhengzhou, Jilin Bank, Longjiang Bank, and Lanzhou Bank were approved to issue subordinate capital Bonds to supplement their capital.
Among them, Longjiang Bank was approved to issue bonds with a scale of 5 billion yuan, Bank Of Chongqing was approved to issue bonds with a scale of 6 billion yuan, Jilin Bank was approved to issue bonds with a scale of 10 billion yuan, Bank Of Zhengzhou was approved to issue bonds with a scale of 6 billion yuan, and Lanzhou Bank was approved to issue bonds with a scale of 5 billion yuan. In comparison, the 3 billion yuan subordinate bond issuance scale of BANK OF GUIZHOU is significantly less than that of its peers.