tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Yibin City Commercial Bank Tightens Governance With New Nomination and Remuneration Committee Mandate

Story Highlights
  • Yibin City Commercial Bank has set formal terms for a Nomination and Remuneration Committee to oversee director and senior management selection, evaluation and pay.
  • The committee, dominated by independent directors, will manage board composition, succession and remuneration structures to bolster governance and regulatory compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yibin City Commercial Bank Tightens Governance With New Nomination and Remuneration Committee Mandate

Claim 70% Off TipRanks Premium

An update from Yibin City Commercial Bank Co., Ltd. Class H ( (HK:2596) ) is now available.

Yibin City Commercial Bank has formalised detailed Terms of Reference for its Board’s Nomination and Remuneration Committee to strengthen governance over the selection, evaluation and compensation of directors and senior management. The committee, composed mainly of independent directors and supported by the bank’s Human Resources Department, is tasked with overseeing board composition, setting selection criteria, reviewing candidate qualifications and independence, managing succession planning, and designing and supervising remuneration structures and performance evaluations, reinforcing the bank’s corporate governance framework and alignment with regulatory and listing requirements.

The most recent analyst rating on (HK:2596) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Yibin City Commercial Bank Co., Ltd. Class H stock, see the HK:2596 Stock Forecast page.

More about Yibin City Commercial Bank Co., Ltd. Class H

Yibin City Commercial Bank Co., Ltd. is a Chinese commercial bank that operates under the regulatory framework of the People’s Republic of China and is listed in Hong Kong. The bank provides a range of banking and financial services, with its governance and management structures aligned to comply with Chinese banking laws and Hong Kong listing rules.

Average Trading Volume: 11,304

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$12.07B

For a thorough assessment of 2596 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1