• 11/25/2024

Bohai Bank to sell US$3.5 billion in loans to China’s bad banks in bid to shore up capital

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

China Bohai Bank proposed to sell US$3.5 billion worth of assets at a discount to bidders including the nation’s bad debt managers via a public tender to shore up capital levels.

https://www.scmp.com/business/banking-finance/article/3271368/bohai-bank-sell-us35-billion-loans-chinas-bad-banks-bid-shore-capital?utm_source=rss_feed