Anbang seeks to offload US$2.4bn bank stake

December 14 2018 by

Anbang Insurance has decided to sell its 35% stake in Chengdu Rural Commercial Bank with a price tag of Rmb16.8 billion (US$2.44 billion), according to a filing to the Beijing Financial Assets Exchang...

To continue reading the full article and get full access to the InsuranceAsia News platform, please enquire about a subscription.

Your company may already have a corporate license in place.

Already a Subscriber? Please Login

MORE FROM: China
Partner Content
  • FM Global | Resilience: No longer a choice

    As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.