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BofA to maintain stake of at least 5% in CCB
China Construction Bank Corp (CCB), the world’s second-largest lender by market capitalization, said Bank of America Corp (BofA) would continue to hold no less than 5 percent of CCB’s shares,…
China Construction Bank H1 net profit up
China Construction Bank, the country’s second largest state-owned bank, said that its first-half net profit surged 31 percent to reach 92.9 billion yuan ($14.3 billion). Business revenue during the period…
CCB bids for Indonesian bank
China Construction Bank Corp (CCB), the world’s second-largest lender by market value, has made a preliminary bid for control of PT Bank Maspion Indonesia, three people with knowledge of the…
CCB shareholders seek $1.2b sale
Two shareholders in China Construction Bank (CCB) are seeking to raise up to $1.22 billion by selling down stakes, IFR reported on Tuesday, citing a term sheet. Cairnhill Investments and…
CCB to sell Baogang Group shares
China Construction Bank’s Inner Mongolia branch offered to sell the bank’s 5.63 percent holdings of Baotou Iron and Steel (Baogang Group) for 715 million yuan ($110.4 million), Shanghai Securities News…
China Construction Bank to issue up to 80 bln subordinated bonds
China Construction Bank, China’s second largest lender, said Monday that it plans to issue up to 80 billion yuan (12.33 billion U.S. dollars) in subordinated bonds with a duration of…
Vietnam Business News
- Will stocks, gold remain attractive to investors?
- Vietnam insurers to be classified into 4 groups
- Feb 2: foreigners continues net buying on both HOSE and HNX
- Interbank trading dong -12%, dollar +8% in week ending jan 13, 2012
- Credit institutions in HCMC face soaring bad debts
- Vietinbank gets SBV’s approval to increase capital for branch in Laos
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