Qilu Bank: The issuance of 5 billion yuan non-fixed-term capital bonds is completed.

date
01/07/2026
Announcement of Qilu Bank: With the approval of the Shandong Regulatory Bureau of the China Banking and Insurance Regulatory Commission and the People's Bank of China, the company has issued perpetual capital bonds in the national interbank bond market with no fixed term in 2026. This bond was booked on June 26, 2026, and was fully issued on June 30, 2026, with a total issuance size of 5 billion yuan. The initial coupon rate for the first 5 years is 2.05%, adjusted every 5 years, with the issuer having conditional redemption rights after the 5th year and on each subsequent interest payment date. The funds raised from this bond issuance will be used to supplement the company's other Tier 1 capital in accordance with applicable laws and approvals from regulatory authorities.