ICBC lists 2 bonds on Nasdaq Dubai | Shanghai Daily

The story appears on

Page A12

March 7, 2018

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Finance

ICBC lists 2 bonds on Nasdaq Dubai

THE Industrial and Commercial Bank of China became the biggest bond issuer on Nasdaq Dubai after listing two new bonds yesterday, Dubai International Financial Center said.

The two fixed income securities, worth US$700 million each, bring the total value of the ICBC listings on Nasdaq Dubai to US$3.56 billion in seven issuances, noted DIFC, the international exchange of the biggest financial free zone in the Middle East.

ICBC, the world’s largest bank by assets, set up its Dubai (DIFC) branch in 2008, which is the first branch set up in the Middle East by a Chinese bank.

“The listings underline the strong financial and economic relationship between Dubai and China, which is the largest trading partner of the United Arab Emirates,” DIFC said in a statement.




 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend