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Agricultural Bank of China Completes RMB35 Billion Tier 2 Capital Notes Issuance

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Agricultural Bank of China Completes RMB35 Billion Tier 2 Capital Notes Issuance

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Agricultural Bank of China ( (HK:1288) ) has shared an update.

Agricultural Bank of China Limited has successfully completed the issuance of its 2025 Tier 2 Capital Notes (Series 4) through the National Interbank Bond Market, raising RMB35.0 billion. This issuance, divided into two tranches with fixed interest rates, aims to strengthen the bank’s Tier 2 capital, enhancing its financial stability and regulatory compliance.

The most recent analyst rating on (HK:1288) stock is a Buy with a HK$6.10 price target. To see the full list of analyst forecasts on Agricultural Bank of China stock, see the HK:1288 Stock Forecast page.

More about Agricultural Bank of China

Agricultural Bank of China Limited is a major financial institution in the People’s Republic of China, primarily engaged in providing a wide range of banking and financial services. It operates in the banking industry with a focus on serving agricultural, rural, and urban customers, and plays a significant role in the Chinese financial market.

Average Trading Volume: 127,525,513

Technical Sentiment Signal: Buy

Current Market Cap: HK$3056B

For an in-depth examination of 1288 stock, go to TipRanks’ Overview page.

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