CITIC Bank approves 100bn yuan deposit deal with CITIC Securities
China CITIC Bank approved conducting 100 billion yuan in deposit business with CITIC Securities and adjusted its agreement deposit limit with China Overseas Property Holdings to 30 billion yuan.
The board also approved daily related transaction limits with Bank of China for 2025-2026, including 150 billion yuan for credit business and 755 billion yuan for financial market business.
The bank will establish separate audit and related transaction control committees and propose cessation of its supervisory board to shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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