Bank seals deal
STANDARD Chartered Bank yesterday signed a strategic cooperation agreement with China International Marine Containers (Group) Coin Shenzhen.
Under the agreement, the UK bank will provide multi-currency combined facility of 3 billion yuan (US$464 million) to the Chinese company and its subsidiaries. The bank will also provide the company with the full spectrum of banking services globally, including trade finance, syndication loan, project finance, foreign exchange, capital markets and investment services.
Under the agreement, the UK bank will provide multi-currency combined facility of 3 billion yuan (US$464 million) to the Chinese company and its subsidiaries. The bank will also provide the company with the full spectrum of banking services globally, including trade finance, syndication loan, project finance, foreign exchange, capital markets and investment services.
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