London Stock Exchange welcomes China CITIC Bank Corporation Limited London Branch inaugural USD bond listing
The London Stock Exchange (LSE) today welcomes China CITIC Bank Corporation Limited, London Branch to celebrate the listing of its inaugural US$300 million Floating Rate Notes on the LSE’s International Securities Market.
The bond, issued under China CITIC Bank’s US$5 billion Medium Term Note Programme, represents the Bank’s first-ever bond listing on the London Stock Exchange, marking a new milestone in its internationalisation journey and its ongoing commitment to deepening financial co-operation between China and the United Kingdom.
This transaction has also achieved a dual listing on the Hong Kong Stock Exchange, underscoring China CITIC Bank’s strategic focus on connecting global capital markets and facilitating two-way financial flows between Asia and Europe.
The issuance attracted strong interest from a diversified investor base, with broad participation from international institutions and partners across multiple regions. The bond was finally priced at SOFR + 50bps, achieving the tightest spread among 2025 Chinese bank overseas issuances.
China CITIC Bank, established in 1987, is among the earliest emerging commercial banks founded during the China’s reform and opening-up. It was also one of the first Chinese commercial banks to participate in both domestic and international financial markets. As a key financial arm of CITIC Group, the Bank leverages the Group’s “Finance + Real Economy” strategy to provide comprehensive financial services across corporate, retail, investment and international banking segments.
With 1,470 outlets across 153 major cities in China and a growing international presence spanning Hong Kong SAR, Macao SAR, Singapore, New York, Los Angeles, Sydney and London, China CITIC Bank continues to build bridges between Chinese enterprises and the global market.
China CITIC Bank London Branch, established as a key part of the Bank’s globalisation strategy, plays a pivotal role in serving multinational clients and supporting cross-border financial co-operation. The successful listing reflects the close collaboration with other CITIC Group entities, including China CITIC Bank International, CITIC Securities, and China Securities Co. Ltd.
To commemorate this landmark achievement, distinguished guests from the financial community, together with representatives from the London Stock Exchange and China CITIC Bank London Branch, gathered for an official Market Open Ceremony at London Stock Exchange on 27 October 2025.
This landmark listing signifies another major step forward in China CITIC Bank’s journey to become a responsible, unique, valuable and caring bank, and a competitive player among the world’s first-class financial institutions. Guided by its “Five Leading” strategy, the Bank continues to advance its leadership in wealth management, comprehensive financing, trading settlement, foreign exchange and digital banking. With steadfast commitment and innovation, China CITIC Bank London Branch will further strengthen its role in connecting international markets and fostering cross-border financial co-operation, staying true to the Bank’s enduring principle that the more we care, the more you gain.
