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

   

IFC, Bank of Beijing sign cooperation pacts

By Zhang Lu (China Daily)
Updated: 2007-06-02 11:24

The International Finance Corporation (IFC) and Bank of Beijing on Friday signed cooperation agreements on financing energy efficiency and global trade.

These are the first cooperation pacts between the two sides since the IFC made an equity investment in Bank of Beijing in May 2005, said Yan Bingzhu, chairman of the Beijing bank.

Since IFC, the private arm of the World Bank Group, bought a 5 percent stake in the local bank, they have been working together to improve the latter's corporate governance, risk management and business innovation.

The IFC China Utility-based Energy Efficiency Finance Program (CHUEE) will provide risk-sharing coverage of 130 million yuan, enabling Bank of Beijing to establish a loan portfolio of 300 million yuan in energy efficiency projects.

Most loans will go to energy service companies to help local small and medium-sized companies improve energy efficiency and use of clean energies.

The bank will implement the program in Beijing and Tianjin to help solve energy shortages and pollution problems.

IFC cooperated with Industrial Bank last year under the CHUEE program.

Under the agreement, Bank of Beijing will join IFC's global trade finance program as both a confirming bank and an issuing bank.

The program will help the bank expand its global trade finance business and improve its global competitiveness.

"The signings mark significant progress in our partnership with Bank of Beijing, as well as IFC's growing involvement in the reform and development of China's financial sector," said Lars Thunell, IFC's head.

In another move, IFC signed a memorandum of understanding (MOU) with the Export and Import Bank of China (China Eximbank) on Friday.

The MOU is part of China Eximbank's comprehensive cooperation with the World Bank. The two institutions signed an MOU on cooperation, with a particular focus on Africa, in Washington in late May.

IFC and China Eximbank will cooperate to support environmentally and socially sustainable investment in emerging markets, including China.

They will engage in joint investments, including equity investments, project financing and credit guarantees, IFC said.



Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
沙河市| 龙游县| 靖宇县| 方城县| 元阳县| 莱州市| 马山县| 阿尔山市| 湘乡市| 托里县| 砀山县| 麻阳| 临朐县| 宁强县| 宝坻区| 海兴县| 新干县| 亚东县| 通渭县| 承德市| 三明市| 怀宁县| 临江市| 泽州县| 轮台县| 蓝田县| 石城县| 大同市| 芷江| 微山县| 阿克陶县| 彭泽县| 铅山县| 白玉县| 蓝山县| 南陵县| 沂源县| 武定县| 游戏| 桃江县| 无极县|