In order to respond to the "intense battle" next year? At the end of the year, many Banks are making intensive adjustments to their Business structure, and the special mechanism for the "five major articles" is gradually being established.

① First, merging the functions of the head office departments clearly indicates a reduction in costs and an increase in efficiency; second, a special department dedicated to the five major articles is being established. ② Retailing Crediting may become one of the focal points for Banks next year. ③ It is expected that the special institutions for the five major articles will be established gradually, as each one matures.

cls.cnDec 20 04:06 ET

The LPR Quote for December has been released! The 1-year and 5-year rates remain unchanged.

More news, continuously updating.

wallstreetcnDec 19 20:00 ET

ICBC Sells 10 Billion Yuan of 4-Year Bonds

MT NewswiresDec 19 07:01 ET

Industrial And Commercial Bank Of China (01398.HK): The issuance of the total loss-absorbing capacity non-capital green Bonds (Phase 1) (Bond Connect) has been completed.

On December 19, Gelonghui reported that the Industrial And Commercial Bank Of China (01398.HK) announced that, with the approval of relevant regulatory authorities, its total loss-absorbing capacity non-capital green Bonds (Phase I) have recently been issued in the national interbank bond market. The scale of this bond issuance is 10 billion yuan, with a term of 4 years and a conditional issuer redemption right at the end of the 3rd year, with a coupon rate of 1.76%. The funds raised from this bond issuance, after deducting issuance costs, will be used in accordance with applicable laws and the approval of regulatory authorities to enhance the bank's total loss-absorbing capacity, targeted at "Green Bonds".

Gelonghui FinanceDec 19 04:51 ET

Industrial And Commercial Bank Of China (601398.SH): The issuance of the 2024 total loss-absorbing capacity non-capital green Bonds (First Phase) (Bond Connect) has been completed.

Gelonghui reported on December 19 that Industrial And Commercial Bank Of China (601398.SH) announced that, with the approval of relevant regulatory authorities, the bank's total loss absorption capacity non-capital green Bonds (Phase I) (Bond Connect) (referred to as this bond) has recently been fully issued in the national interbank bond market. The issuance scale of this bond is 10 billion RMB, with a term of 4 years fixed-rate bond, and a conditional redemption right for the issuer at the end of the third year, with a coupon rate of 1.76%. The funds raised from this bond, after deducting issuance costs, will be used pursuant to applicable laws and the approval of the competent authorities to enhance the bank's total loss absorption capacity.

Gelonghui FinanceDec 19 04:36 ET

TIGERMED's holding subsidiaries provide guarantees for Other holding sub-subsidiaries.

TIGERMED (03347) announced that the company's holding subsidiary, HeYa Medical Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Shanghai HeYa"), due to business development needs, plans to apply for a credit facility with the Industrial And Commercial Bank Of China in an amount not exceeding 5 million yuan to supplement the company's operating funds. The company's holding subsidiary, FangDa Medical Technology (Shanghai) Co., Ltd. (hereinafter referred to as "FangDa Shanghai"), plans to provide joint liability guarantees for the above credit facility, with the guarantee amount not exceeding 5 million yuan. This guarantee by the holding subsidiary FangDa Shanghai for the holding subsidiary Shanghai HeYa is to meet its daily...

Sina Hong Kong stock.Dec 18 19:20 ET