Sunday 23 September 2018
Contact US    |    Archive
inquirer
2 months ago

Chinabank raises P10.25B in huge term deposit offer

Sy family-led China Banking Corp. (Chinabank) has raised P10.25 billion in fresh funds from an offering of high-yielding deposit notes, boosting its capability to support big-ticket projects such as in the infrastructure and energy sectors. The amount was raised from the issuance of long-term negotiable certificates of deposit (LTNCDs) due in 2024. These were priced at 4.55 percent per annum and marked the largest LTNCD issuance in the banking industry so far this year. The offering was oversubscribed by

Read on the original site


هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.
Hashtags:   

Chinabank

 | 

raises

 | 

P10

 | 

25B

 | 

huge

 | 

term

 | 

deposit

 | 

offer

 | 
Most Popular (6 hours)

Most Popular (24 hours)

Love, interrupted

- inquirer

Most Popular (a week)