Agricultural Bank of China Completes RMB60 Billion Tier 2 Capital Notes Issuance

The latest update is out from Agricultural Bank of China ( (HK:1288) ).

Agricultural Bank of China Limited has successfully completed the issuance of its 2025 Tier 2 Capital Notes, raising RMB60 billion in the National Interbank Bond Market. This issuance, divided into two tranches with fixed interest rates, aims to enhance the bank’s Tier 2 capital, thereby strengthening its financial stability and capacity to absorb losses, in compliance with regulatory requirements.

The most recent analyst rating on (HK:1288) stock is a Hold with a HK$4.80 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 China, primarily engaged in providing banking services. It operates in the financial industry, focusing on offering a range of banking products and services to its clients.

Average Trading Volume: 168,144,581

Technical Sentiment Signal: Buy

Current Market Cap: HK$2137.1B

For detailed information about 1288 stock, go to TipRanks’ Stock Analysis page.