I. Introduction: These are bonds issued by commercial banks. Liquidation of principal and interest is behind the other liabilities and before the equity capital of the commercial banks.
II. Target Client: Commercial banks with good performance and need to raise funds in the mid-to-long term
III. Features and Advantages: Hybrid capital bonds fill the gap left behind by the sum of supplementary capital (existing subordinated debt and general provisions) to meet 100% core capital. Issuance of hybrid capital bonds increases the ratio of supplementary capital to regulatory capital in order to better guard against risks.
IV. Service Channels and Hours: If necessary, corporate clients are welcomed to contact the Underwriting Section of ICBC Global Market Department for details. Our staff will guide through the necessary steps.
Contact: Wang Hua, Yang Fan Tel: 010-66107769、66107442
V. Statement: Information herein is for reference only. Industrial and Commercial Bank of China Limited reserves the final right of interpretation. Refer to the announcements and regulations of local branches for further details.