Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

My Favorite China's Brands
Company

ICBC raises 360 bln yuan for real economy through bond underwriting in Q1

May 31, 2021


Abstract : The Industrial and Commercial Bank of China (ICBC) underwrote 300 bonds of various types as the lead underwriter in the first quarter to provide funding support to the real economy.

BEIJING, May 30 (Xinhua) -- The Industrial and Commercial Bank of China (ICBC) underwrote 300 bonds of various types as the lead underwriter in the first quarter to provide funding support to the real economy.

The bonds have a total value of over 360 billion yuan (about 56.34 billion U.S. dollars), the highest such figure in the market.

In supporting the green economy, ICBC served as the lead underwriter of the first batch of "carbon neutrality" green bonds in China, to help realize the goals of achieving peak carbon emissions and carbon neutrality, the lender said in a statement.

In the first quarter, ICBC completed the underwriting of six "carbon neutrality" green bonds, with over 30 billion yuan raised for issuers.

In supporting rural vitalization, ICBC underwrote the first rural vitalization notes in China, to guide and encourage social capital to invest in agriculture and rural areas through market-oriented means, it said. Enditem

Scan the QR code and push it to your mobile phone

Keyword: ICBC

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial