Brief: Bank Of Tianjin Announces Disposal Of Assets Of Bank For RMB8,011 Mln
29/12/2020 12:37
Dec 29 (Reuters) - Bank of Tianjin Co Ltd 1578.HK :
* DISPOSAL OF ASSETS OF BANK
* DEAL FOR RMB8,011 MILLION
* ENTERED INTO ASSET DISPOSAL AGREEMENT WITH TIANJIN CAPITAL
INVESTMENT
* TIANJIN CAPITAL INVESTMENT TO BUY CERTAIN CREDIT ASSETS
AND
OTHER ASSETS HELD BY BANK
* PROCEEDS FROM ASSET DISPOSAL INTENDED TO BE USED AS
GENERAL
WORKING CAPITAL OF BANK, IMPROVE ASSET QUALITY, AMONG OTHERS
Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2020/1229/2020122901051.pdf
Further company coverage: 1578.HK
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Bank of Tianjin Co
See all newsBrief: Bank Of Tianjin Logs FY Profit Attributable RMB3.87 Bln
Brief: Bank Of Tianjin Announces Completion Of Issuance Of Financial Bonds
Brief: Bank Of Tianjin Resolved To Reelect Yu Jianzhong As Chairman Of Board
Brief: Bank Of Tianjin Posts FY Operating Income Of RMB 16,710 Million
Brief: Bank Of Tianjin Announces Approval Of Qualification Of Chen Peng As Vice President