Chongqing Rural Commercial Bank eyes up to RMB 35 billion of bonds

By Wendy Van Sickle

Columbus, Ohio, April 27 – Chongqing Rural Commercial Bank Co. Ltd. is proposing to issue up to RMB 35 billion of bonds during 2022 through 2024, according to a notice filed with the Stock Exchange of Hong Kong Ltd.

Each tranche of bonds would have a term no longer than five years.

The proposal will be considered during the annual general meeting of the bank on May 28.

The bank is based in Chongqing, China.

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