Jun. 5, 2012 (China Knowledge) - China CITIC Bank Corp<601998
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The bonds will have a maturity of at least five years, according to the report.
Dagong Global Credit Rating Co has rated the issuer and bonds AAA and AAA, respectively.
China CITIC Bank's capital adequacy ratio had risen 0.12 percentage points to 12.39% and its core capital adequacy ratio had increased 0.03 percentage points to 9.94% at the end of the first quarter.
The bank's net profit grew 31.64% YoY to RMB 8.56 billion in the first quarter of this year.