Bank of Xi'an gets green light for perpetual bond issue

Bank of Xi'an (SSE:600928) announced it has received regulatory approval from the Shaanxi Financial Regulatory Bureau to issue no more than CNY7 billion in perpetual capital bonds. According to the "Reply from Shaanxi Financial Regulatory Bureau Regarding the Issuance of Perpetual Capital Bonds by Xi'an Bank Co., Ltd." (陕金监复[2025]115号), the bank has the flexibility to decide on the timing, tranches, and scale of the issuance within 24 months of the approval date. The bank affirmed it will strictly adhere to regulations like the "Commercial Bank Capital Management Measures," ensuring proper management and information disclosure related to the bond issuance.