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INDUSTRIAL BANK Completes Approval of 20 Listed Firms' Shr Repurchase & Increase Loan Biz, Involving RMB4B+: Report
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INDUSTRIAL BANK(601166.SH) has completed the approval of 20 listed companies' stock repurchase and increase loan business, with a total approval amount of over RMB4 billion, according to Chinese media.

It was reported that INDUSTRIAL BANK is now actively connecting with more than 120 listed companies that are leaders in various fields.

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The Company will continue to strive to invest in subsequent loan, strengthen the supervision and management of loan funds to ensure that the loan funds are dedicated to specific purposes, the relevant person in charge of the investment banking department of INDUSTRIAL BANK said.
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