Luzhou Bank Co., Ltd. Class H (HK:1983) has released an update.
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Luzhou Bank Co., Ltd. has successfully issued RMB1.8 billion in fixed-rate SME Bonds, with a three-year term and a 2.29% coupon rate, in the national inter-bank bond market. The funds raised will be directed towards supporting small and micro enterprises through loans, enhancing financial services for these sectors. This move highlights the bank’s commitment to bolstering small business growth in China.
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