ICBC, Agricultural Bank of China and Seven Other Major Central State-Owned Financial Institutions Announce 360 Billion Yuan Capital Increase to Replenish Core Capital

Xinhua News Agency reported on September 7, 2026 that eight major state-owned financial institutions, including the Industrial and Commercial Bank of China and the Agricultural Bank of China, simultaneously issued capital increase announcements, planning to raise 360 billion yuan to replenish capital through the issuance of special treasury bonds and capital injections from the Ministry of Finance, among other means.