As recently disclosed by China Banking Regulatory Commission Shanghai Office, the wholly-owned subsidiary of Bank of Communication, Bank of Communications Finance Leasing Co., Ltd. is approved to make a public issue of financial band with the total scale no larger than RMB2, 000,000,000 on the national interbank bond market, which make Bank of Communications Finance Leasing among the first finance leasing companies issuing financial bond and open new financing channel. This is beneficial for enhancing the development of Shanghai financial market system and improving the function of financial market.
The legal opinion is provided by Lawyer Qi Bin with Shimin Law Offices.
For more details: http://www.cs.com.cn/yh/02/201005/t20100517_2434486.htm