After the application for issuing convertible bonds with a total amount of 13 billion yuan was approved by the CSRC, Bank Of Chongqing Co.Ltd(601963) another good news came. On March 16, the bank announced that it had recently received the decision on granting administrative license issued by the people’s Bank of China (Yin Xu Ke Ke Jue Zi [2022] No. 65) and agreed that the bank would issue tier 2 capital bonds of no more than 5 billion yuan in the national inter-bank bond market, which would be valid from March 11, 2022 to March 10, 2024, during which it could choose the issuing time by stages.
Bank Of Chongqing Co.Ltd(601963) said that it would organize the management and information disclosure of the issuance of secondary capital bonds in accordance with the administrative measures for the issuance of financial bonds in the national inter-bank bond market and the operating procedures for the issuance of financial bonds in the national inter-bank bond market.
The data shows that by the end of 2021, Bank Of Chongqing Co.Ltd(601963) total assets reached 618954 million yuan, an increase of 10.20% over the end of the previous year; Loans and advances totaled 318062 billion yuan, an increase of 12.30%; Customer deposits amounted to 338695 billion yuan, an increase of 7.69%. The non-performing loan ratio was 1.30%, an increase of 0.03 percentage points over the end of the previous year; The loan provision rate was 3.56%, 0.36 percentage points lower than that at the end of the previous year.
