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BANK OF CHINA GRANTS MORE CREDIT SUPPORT FOR CHINA EASTERN AIRLINES.
SHANGHAI, April 1 Asia Pulse - The Bank of China signed a cooperation contract of 12 billion yuan (about US$1.45 billion) with the China Eastern Airlines (CEA) on March 29 and promised to grant a separate loan of US$200 million.
It is the second time this week the CEA has received credit support from domestic banks.
On March 25, the airlines signed a contract worth 17.6 billion ...
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Source: HighBeam Research, BANK OF CHINA GRANTS MORE CREDIT SUPPORT FOR CHINA EASTERN AIRLINES.