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وكالة الأنباء القطرية
China issues $44.25B treasury bonds to boost bank capital
The Chinese Ministry of Finance announced the issuance of treasury bonds worth $44.25 billion to bolster the capital of eight state-owned financial institutions. This support aims to enhance these institutions’ operational capacity and risk resilience, including two major international banks and insurance companies, in order to promote economic growth and financial market stability. The capital raising plan also involves issuing Class "A" shares valued at 260 billion yuan, which will help expand lending and improve the institutions’ readiness to face financial risks.
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