Apr. 28, 2009 (China Knowledge) - China Merchants Bank (CMB)<600036><3968>, the country's sixth-largest commercial bank by assets, said its directorate has approved a proposal to issue financing bills, sources reported.
CMB hopes to raise up to RMB 30 billion through the issuance, which will be carried out in several batches by the end of 2011. The bills, including subordinated bonds
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