China steps up with $71.6bn bank recapitalisation plan

March 31, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2503/769208-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Linkedin” align=”left”><br><span >Source: Linkedin&lt;/span><p>In a bid to strengthen the financial sector, Bank of China, China Construction Bank, Bank of Communications and Postal Savings Bank of China have announced plans to raise a combined 520bn yuan ($71.6bn) in private placements.</p><br> <a href=”https://www.bizcommunity.com/article/china-steps-up-with-716bn-bank-recapitalisation-plan-470959a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=256525″>Email</a></p><div style=”clear:left”></div>