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CHINA EVERBRIGHT BANK GRANTS US$47 MLN CREDIT TO GEELY.
BEIJING, Jan 1 Asia Pulse - China Everbright Bank provided on December 31 one billon yuan credit (US$147 million) loan to Zhejiang Geely Holding Group to support the latter's development.
According to an agreement, Geely will use 250 million yuan as medium term floating capital, and the remaining 750 million yuan to help Geely's distributors in financing.
Yan Guijun, head of China Everbright Bank Hangzhou Branch, said that the bank would of service to Geely in ...
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...AsiaInfo Services 08-11-2009 China Everbright Bank H1 Netted CNY3.43bn SHANGHAI...Business Beat via COMTEX) -- China Everbright Bank, a well-known joint...turmoil is tapering off. China Everbright Bank boosted income from intermediary...
Source: HighBeam Research, CHINA EVERBRIGHT BANK GRANTS US$47 MLN CREDIT TO GEELY.