pokerwithvideo| Guangzhou Rural Commercial Bank (01551.HK) is approved to issue open-term capital bonds

Gelonghui May 16 丨 Guangzhou Rural Commercial Bank (01551pokerwithvideo.HK) Announcementpokerwithvideo, the Bank recently received the approval from the Guangdong Supervisory Bureau of the State Financial Supervision and Administration on Guangzhou Rural Commercial Bank's Application for Capital Instrument Issuance Quotapokerwithvideo, approved that the Bank's planned issuance limit of capital instruments should not exceed RMB 12 billion. The Bank also recently received the "Decision on Approval of Administrative Licensing" from the People's Bank of China, agreeing that the Bank should issue financial bonds in the national inter-bank market and overseas market. In 2024, the new balance of financial bonds should not exceed 14 billion yuan, and the balance of financial bonds at the end of the year should not exceed 32 billion yuan. After deducting issuance expenses, the raised funds will be used to enrich the Bank's capital.