Beijing Bank intends to send Baishi-grade debt

The refinancing plans of 14 listed banks have finally made their debut. Yesterday evening, "the first financial daily" from the Bank of Beijing (601169.　　SH) The Board of Directors was informed that the bank plans to issue no more than 10 billion sub-debt in the interbank market, and the refinancing programme has been approved by the Board of Trustees and will be submitted to the shareholders ' general meeting for consideration.　　The Beijing bank plans to issue subordinated debt for "5+5" or "10+5" years, which will be used to replace the bank's subordinated debt, which is due to be redeemed at the end of 2010, to supplement the capital of Beijing banks. Yesterday morning, Shaoyan, the bank governor of Beijing, said after the signing ceremony of the strategic Cooperation Agreement between the Bank and China Eastern Airlines, "Beijing's banks are preparing for this (refinancing), and they have not yet decided on what channel and form to refinance." In fact, with the previous Huaxia bank (600015.　　SH) Directional Additional financing scheme is issued, 14 listed banks in addition to the Beijing bank has been published or implemented a stock rights, debt financing scheme, and the "only" Beijing bank with its listed banks capital adequacy ratio first, by the market that refinancing demand is not high.　　According to the 2009 annual report, the capital adequacy ratio and core capital adequacy ratio of Beijing banks are as high as 14.35% and 12.38% respectively, the first and second listed banks, the financing pressure is relatively small.　　But the bank related personage tells this newspaper, in 2009, in the credit Ultra regular launch process, the Beijing banks cross-regional Development and the comprehensive operation Pace did not slow down, although the capital adequacy rate in the industry is at a high level, but the decline very quickly, in order to guarantee the institutional growth, the supplementary capital is very necessary　　The Director-Office of the Beijing Bank said the issuance of the subordinated debt would help the bank to maintain a high capital adequacy ratio and lay a solid foundation for the rapid development of future business. Among listed banks that have announced refinancing plans, the four listed banks choose the way of "a-share convertible bond + issue H-Shares" or "a+h", and the joint-stock banks choose H-Shares IPO, allotment, issue or issuing subordinated debt. Photographer/Dr.