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Agricultural Bank of China Completes RMB60 Billion Capital Notes Issuance

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Agricultural Bank of China Completes RMB60 Billion Capital Notes Issuance

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Agricultural Bank of China ( (HK:1288) ) has issued an announcement.

Agricultural Bank of China Limited has successfully completed the issuance of its 2025 Tier 2 Capital Notes (Series 3) through the National Interbank Bond Market, raising RMB60 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 joint stock company incorporated in the People’s Republic of China, operating in the financial industry. It primarily provides banking services and financial products, focusing on both domestic and international markets.

Average Trading Volume: 121,693,806

Technical Sentiment Signal: Buy

Current Market Cap: HK$2598.2B

For a thorough assessment of 1288 stock, go to TipRanks’ Stock Analysis page.

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