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Bank of Communications Completes RMB30 Billion Bond Issuance

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Bank of Communications Completes RMB30 Billion Bond Issuance

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Bank of Communications Co ( (HK:3328) ) has provided an announcement.

Bank of Communications Co., Ltd. has successfully completed the issuance of its 2025 Third Tranche of Total Loss-Absorbing Capacity Non-Capital Bonds in the national inter-bank bond market, raising RMB30 billion. This issuance, consisting of fixed and floating rate bonds, aims to enhance the bank’s total loss-absorbing capacity, thereby strengthening its financial stability and resilience in compliance with regulatory requirements.

The most recent analyst rating on (HK:3328) stock is a Buy with a HK$7.50 price target. To see the full list of analyst forecasts on Bank of Communications Co stock, see the HK:3328 Stock Forecast page.

More about Bank of Communications Co

Bank of Communications Co., Ltd. is a financial institution incorporated in the People’s Republic of China, operating within the banking industry. It focuses on providing a range of financial services and products, including banking and investment services, primarily targeting the national and international markets.

Average Trading Volume: 24,845,719

Technical Sentiment Signal: Buy

Current Market Cap: HK$666.8B

See more data about 3328 stock on TipRanks’ Stock Analysis page.

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