Bank of China will be the first to issue negotiable certificates of deposit in the Shanghai free-trade zone. Photo: Reuters Bank of China will be the first to issue negotiable certificates of deposit in the Shanghai free-trade zone. Photo: Reuters
Bank of China will be the first to issue negotiable certificates of deposit in the Shanghai free-trade zone. Photo: Reuters

Chinese banks cleared to issue 25b yuan in Shanghai FTZ deposit products

Bank of China first with 500m yuan NCD after eight lenders receive approval

Bank of China will be the first to issue negotiable certificates of deposit in the Shanghai free-trade zone. Photo: Reuters Bank of China will be the first to issue negotiable certificates of deposit in the Shanghai free-trade zone. Photo: Reuters
Bank of China will be the first to issue negotiable certificates of deposit in the Shanghai free-trade zone. Photo: Reuters
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