Bank of America to nearly double China Construction Bank stake
Bank of America Corp said it will exercise its option and increase stake in China Construction Bank, China's second biggest bank - from 10.75 per cent to 19.1 per cent - in a deal worth about $7 billion, even as it cuts jobs and digs into the government's bailout kitty.
Join the discussion below, or Read more at Domain-B.
#1 Apr 26, 2012
This is not from 3 hours ago, it is from 2008.
#2 Apr 26, 2012
We have a direct genuine provider for BG/ SBLC specifically for lease, at leasing price of 6+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.
Contact: Mr. Felix Burke
EMAIL: [email protected]
#8 Aug 7, 2012
Below is our terms and procedure needed to be followed to get our
instrument delivered to your client's account.
Description of Instruments:
1. Instrument: Bank Guarantee (BG)/StandBy Letter of
2. Total Face Value: Eur/USD 1Million (Min) to Eur/USD 20Billion (Max)
3. Issuing Bank: HSBC, Barclays, Deutsche Bank, BNP Paribas, & Rated AAA
4. Age: One Year and One Day
5. Leasing Price: 5.5% of Face Value a plus 2% brokers
commission( 1% for the lessee(Lender) mandate and 1% for the
6. Delivery: Bank-To-Bank Swift.
7. Payment: Wire Transfer
8. Hard Copy: Bonded Courier within 7 banking days.
1. Both parties (Lessor and Lessee) execute, sign and initiate the
Deed of Agreement, which thereby automatically becomes a full
commercial recourse contract.
2. Within 3 days after Both parties sign the Agreement, Lessor will
issue a Bank Officer endorsed, Notarized signed and sealed Corporate
Refund Recourse Undertaking to the Lessee guarantying to refund Lessee
all the cost incurred by lessee for the bank transmission charges (
For swift MT760 BG/SBLC or Pre-advice MT799 or both as the case may
be) after due execution of the contract.
3. Within 3 working days after Lessee receives Lessor's signed and
sealed Corporate Refund Recourse Undertaking, Lessee will make payment
by wire transfer into the Lessor's bank account for the bank
transmission charges for the BG/SBLC MT760 swift transmission or
Pre-advice MT799 swift transmission or both.
4. Within Three (3) banking days after confirmation of receipt of
payment of the bank transmission charges for the BG/SBLC MT760 swift
in Lessor's bank account, the Lessor will deliver the BG/SBLC via bank
confirmation of swift BG/SBLC MT760 to the Lessee's banker including
the hard copy of the BG/SBLC via bank bonded courier in Seven (7)
5. Lessee pays Lessor the leasing fee and the brokers their commission
fees not later than 7 banking days after the BG/SBLC hard copy is
received and confirmed at lessee's bank. Should Lessee default to pay
the leasing fees to the Lessor and the brokers commissioDear Sir/Ma,
We are direct providers of Fresh Cut BG, SBLC and MTN which are
specifically for lease, our bank instrument can be engage in PPP
Trading, Discounting, signature project(s) such as Aviation,
Agriculture, Petroleum, Telecommunication, construction of Dams,
Bridges, Real Estate and all kind of projects. We do not have any
broker chain in our offer or get involved in chauffer driven offers.
We deliver with time and precision as sethforth in the agreement. Our
terms and Conditions are reasonable, below is our instrument
DESCRIPTION OF INSTRUMENTS:
1. Instrument: Bank Guarantee (BG/SBLC)(Appendix A)
2. Total Face Value: Eur 10M MIN and Eur 5B MAX (Five Billion USD).
3. Issuing Bank: HSBC, London or Deutsche Bank Frankfurt or any Top 25 WEB
4. Age: One Year, One Day
5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
6. Delivery: SWIFT TO SWIFT.
7. Payment: MT-103.
8. Hard Copy: Bonded Courier within 7 banking days.
All relevant business information will be provided upon request.
If Interested kindly contact me via Email:[email protected] om
skype:(vindisu) in other to furnish you with other information.
n fees as
agreed after 7 banking days of confirmation of BG/SBLC MT760 in
lessee's bank account, Lessor will instruct the issuing bank to put a
claim on the BG/SBLC thereby forcing the Lessee's bankers to return
the BG/SBLC MT760 to the issuing Bank.
#30 Mar 12, 2014
We are ready and able deliver bank instruments in the form of BG/SBLC/LC to your nominated bank coordinates strictly in adherence with the following set of procedures. Kindly review the procedures and inform on your readiness to proceed so that we are able to send our Deed of Agreement and other required contract documents.
Note: Our working procedure is the only terms we work with, anything out of our procedure is not workable.
Add your comments below
|Paulson defends Merrill Lynch deal (Jul '09)||Jun 28||Swedenforever||6|
|Bank of America Cuts This High Profile Name (Mar '13)||Jun 28||integrity watch||5|
|Bank of America and Walgreens Most Active Stock... (Jun '12)||Apr '16||Cheever The Jester||19|
|Exxon Mobil Report Fuels Panic on Street (Jul '07)||Jan '16||Human||84|
|online account (Sep '15)||Sep '15||amado||1|
|Home Equity (Aug '15)||Aug '15||Jay||1|
|Atm freezes right after deposit (Aug '15)||Aug '15||Krnjin||1|
Find what you want!
Search Bank of America Forum Now
Copyright © 2016 Topix LLC