Bank of Hangzhou completes RMB 15 bn financial bond issuance

Hangzhou Bank Co. Ltd. announced the completion of its 2025 financial bonds (tranche 2) issuance. The bonds, with an issuance size of RMB 15 billion, have a term of three years and a coupon rate of 1.87%. The book-building for this tranche was conducted on September 4, 2025, with the issuance finalized on September 8, 2025.

The proceeds from these bonds will be utilized for loans and other purposes determined by national policies, market conditions, and the company's asset-liability allocation needs. This issuance was approved by relevant regulatory bodies.