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Minsheng Bank issued 5.8 billion subprime loans

Source: Internet
Author: User
Keywords Minsheng Bank approved
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The pace of financing for listed banks is still continuing, and in Saturday, Minsheng Bank announced that the bank's application for a public offering of subordinated bonds of no more than 5.8 billion yuan in the national interbank bond market had officially been approved by the Central bank on May 27.　　However, the bank has not disclosed the specific distribution schedule. Since last November, Minsheng Bank completed its H-share listing financing of 26.75 billion yuan, as at the end of 2009, the bank's capital adequacy ratio of 10.83%, core capital adequacy ratio of 8.92%. After the issuance of subordinated debt, Minsheng Bank's capital adequacy ratio will be close to 12%.

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