Bank of Communications OK’d for up to RMB 60 billion bonds

By Wendy Van Sickle

Columbus, Ohio, July 27 – China’s Bank of Communications Co., Ltd. received approval from the China Banking and Insurance Regulatory Commission to sell up to RMB 60 billion of tier 2 capital bonds in the national inter-bank bond market, according to an announcement.

Bank of Communications is based in Shanghai.

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