Fitch Rates ICBC Basel III Notes ‘BBB+(exp)’

Fitch Ratings has assigned Industrial and Commercial Bank of China (Asia) Ltd’s (ICBC Asia; A/Stable) upcoming 10-year Basel III-compliant Tier 2 subordinated notes an expected ‘BBB+(exp)’ rating. ICBC Asia expects to issue around USD500mn direct, unsecured, and subordinated obligations under its USD5bn medium-term note programme to strengthen its capitalisation for future business growth. The notes […]

To continue reading...

Get access today

Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia.


Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select subscribe below to view our subscription packages or you can email us at [email protected] to discuss your options.


To Top
Share via
Copy link
Powered by Social Snap