|
BIZCHINA> Top Biz News
![]() |
|
ICBC shows strong support for SMEs
By Yang Zhen (chinadaily.com.cn)
Updated: 2009-02-27 11:41 Industrial and Commercial Bank of China (ICBC) granted a total of 232.7 billion yuan ($34.02 billion) in new loans to small- and medium-sized enterprises (SMEs) from the beginning of the year to Feb 20 and provided banking services to 1,131 new SME customers in the same period, the country's largest commercial lender said in a statement on Thursday.
Meanwhile, ICBC has established 14 special service centers for SMEs in various cities and provinces, including Beijing, Shanghai, Zhejiang and Guangdong, and plans to open 12 more in the near future. The central government has asked financial institutions to increase their lending to SMEs that are hard hit by the global economic downturn. "Financial institutions have to set up special service centers specifically designed to cater to the needs of the SMEs. Our goal is to shorten the time for the approval of an application from SME customers to within 3 hours and a loan to new SME customers to within 3 days," Liu Mingkang, chairman of the China Banking Regulatory Commission, said at a press conference on Feb 26. (For more biz stories, please visit Industries)
|
|||||
甘孜| 沭阳县| 渝北区| 广昌县| 固镇县| 房产| 浦北县| 威远县| 扬中市| 临泽县| 宁化县| 达日县| 南通市| 马尔康县| 如东县| 马关县| 克东县| 凯里市| 万全县| 凤阳县| 黔江区| 尉犁县| 图们市| 临高县| 澜沧| 江阴市| 民县| 平乐县| 共和县| 嘉义市| 张家口市| 湖口县| 连州市| 施甸县| 清河县| 利辛县| 光泽县| 沙坪坝区| 巫山县| 赫章县| 文山县|