Bank of Suzhou completes CNY 2.5bn bond issuance

Bank of Suzhou announced the completion of its first phase financial bond issuance for 2025. The issuance, approved by the People's Bank of China, concluded on June 30, 2025, following book-entry completion on June 26, 2025. The total issuance amounted to CNY 2.5 billion, consisting of 3-year fixed-rate bonds with a coupon rate of 1.76%. The bank intends to allocate the raised capital to optimize its liability structure, bolster working capital, and foster stable business growth in compliance with applicable laws and regulatory approvals.