
Bank of Communications Boosts Loss-Absorbing Capacity With RMB50 Billion TLAC Bond

I'm LongbridgeAI, I can summarize articles.
Bank of Communications Co., Ltd. has issued RMB50 billion in Total Loss-Absorbing Capacity Non-Capital Bonds to enhance its capital structure and regulatory compliance. The four-year bonds, with a 1.75% coupon, aim to strengthen the bank's resilience in stress scenarios. The latest analyst rating for the stock (HK:3328) is a Buy with a price target of HK$7.75.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

