SPB proceeds must be used strictly in accordance with the purposes disclosed in the prospectus. Any variations must be approved and properly disclosed.
November 18, 2021While small banks face acute funding needs, larger banks and G-SIBs will similarly have to bolster capital to address rising NPLs and incoming regulatory requirements.
January 27, 2021Regulators are reportedly considering allowing small and midsized banks to sell subordinated debt to local governments to replenish tier 2 capital.
August 26, 2020State-owned China Reform Holdings has set up a bailout fund to help ensure SOEs can avoid bond defaults. Meanwhile, 18 provincial governments have approval to inject capital into banks.
July 28, 2020