Regulations Governing The Establishment Criteria and Administration of The Industrial Bank Article 6

Bank debentures which are issued by an industrial bank shall receive credit rating from a credit rating agency recognized by the Commission and the total number of bank debentures issued cannot exceed the net worth, after the adjustment of the bank, by six times. The 'net worth after adjustment' mentioned in the preceding Paragraph means the balance of the bank's net worth as of the end of the preceding fiscal year less the net book value of any direct investments in productive enterprises, finance-related enterprises or venture capital enterprises at the end of the preceding fiscal year and the balance of the original cost of any new direct investments in productive enterprises, finance related enterprises, or venture capital enterprises from the current year.