Related News

Home » Business » Finance

Syndicated loans being encouraged

THE Shanghai Bureau of the China Banking Regulatory Commission is encouraging commercial banks to offer syndicated loans to support infrastructure projects in the local economy and trim banks' concentration on a single project, the local regulator said yesterday.

An almost 10-billion-yuan (US$1.46 billion) loan syndicate will be offered soon, the regulator said, without giving more details.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend