Bocom boosts Tier 1 ratio

China's fifth largest bank becomes the first of the year to raise additional Tier 1 capital in the offshore markets, attracting strong demand.
Strategic stake: Going once, going twice...
Strategic stake: Going once, going twice...

Bank of Communications (Bocom) on Wednesday became the first Chinese bank this year to raise additional Tier 1 (AT1) subordinated bank capital in the offshore markets. 

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