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Prospect News home > News index > List of issuers B > Headlines for Bank of Qingdao Co., Ltd. > News item
Published on 6/23/2022 in the Prospect News Emerging Markets Daily.

Bank of Qingdao plans up to RMB 6.4 billion tier 1 capital bonds

By William Gullotti

Buffalo, N.Y., June 23 – Bank of Qingdao Co., Ltd. received regulatory approval to issue up to RMB 6.4 billion of undated capital bonds, according to an announcement on Thursday.

The bonds will be issued in China’s interbank bond market, with proceeds to be used to replenish tier 1 capital.

The bank is based in Qingdao, China.


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