综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / World

CCB leads record private sector loan

By Zhan Lisheng | China Daily | Updated: 2010-07-13 07:56

CCB leads record private sector loan

A consortium of 12 banks led by the Zhaoqing branch of China Construction Bank (CCB), one of the country's big four State-owned lenders, recently agreed to loan aluminum processor AsiaAlum Group 6.5 billion yuan, the largest ever from a Chinese bank to a private sector company.

The contribution of 1.45 billion yuan from CCB's Zhaoqing branch also marks the biggest loan the bank has granted to a non-State enterprise.

"The move will be mutually beneficial for both AsiaAlum Group and the 12 banks involved," Xiao Lieming, president of CCB's Zhaoqing branch, told China Daily in a recent interview.

"It will enable us to forge a more in-depth, extensive and solid relationship with such a growing company while bringing both social and economic benefits to us."

"If it had not been for the help of the banks, AsiaAlum Group would not have been able to weather the global economic recession of the past two years," noted Zhong Dongping, a member of the company's board

The loan will offer enough financial support for the firm's business operations in the coming five to 10 years, Zhong said.

The massive loan follows the bank's framework agreement with the Zhaoqing chamber of commerce signed last July to provide 2 billion yuan in loans to member firms over the next five years.

"Private-sector business was particularly difficult in 2008 and 2009 when the financial tsunami raged worldwide," he said. "A timely loan could have helped them survive the economic storm and take a turn for the better."

He said that the bank will prioritize its credit support in favor of businesses involved in new energy, new materials, energy-efficiency and environmental protection, biomedicine, information technology and high-value manufacturing, as well as other low-carbon industries.

Xiao said CCB's Zhaoqing branch has now set up a department exclusively for small and medium sized enterprises, improved its risk management system and simplified business procedures.

The bank's Zhaoqing branch posted a deposit balance of 14.89 billion yuan by the end of March, 849 million yuan more than at the end of 2009.

Its loan balance was 10.25 billion yuan at the end of the third month, an increase of 717 million yuan since the year began, official statistics indicate.

The bank reported profits of 95.55 million yuan in the first quarter, an increase of 111 percent from a year ago.

China Daily

(China Daily 07/13/2010 page15)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
土默特左旗| 濮阳县| 鱼台县| 东山县| 新乐市| 无为县| 礼泉县| 杂多县| 博客| 大渡口区| 岑溪市| 姜堰市| 牟定县| 内江市| 寿阳县| 永善县| 上犹县| 霸州市| 濮阳县| 遵义县| 孙吴县| 昭通市| 介休市| 池州市| 鲁山县| 威海市| 东明县| 龙南县| 方正县| 四子王旗| 宣汉县| 北京市| 林西县| 体育| 墨脱县| 凭祥市| 上虞市| 陆良县| 香港| 龙山县| 太仆寺旗|