INDUSTRIAL and Commercial Bank of China is planning to issue as much as 40 billion yuan (S$7.45 billion) of total loss-absorbing capacity (TLAC) bonds as soon as this month, people familiar with the matter said, marking the first such debt sale from the country’s largest state-owned lenders.
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India’s largest bank plans to raise 250 billion rupees in share sale
The fundraising plan comes as local bank shares are trading at record highs, with the sector seen as relatively shielded from tariff-related...
