The Newly-Added Funds by ICBC Planned to Exceed 45 Billion Yuan

Date Added: March 09, 2010 02:59:43 AM

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For continued economic growth and rapid Hunan Province, said the new funds provide support ICBC is scheduled for 45 billion yuan, including all compact air compressor types of loans more than 30 billion yuan, and assets of Credit not to increase investment beyond the reach of more than 15 billion yuan.

Wu Hongbo, president of ICBC Hunan Branch, explained that in 2010, re-registered credit funds will be used mainly to support the emerging strategic industries, modern service sectors such as recycling and green pvc hose energy d economy and industry to reduce emissions, low carbon economy and so on. In addition, ICBC Hunan Branch will continue its basic industry and infrastructure, including railways, highways, nuclear, oil, telecommunications and support the emphasis on meeting financial needs of new projects. To support the development of small and medium enterprises (SMEs) in the province, as required by the bank this year, ICBC Credit Hunan Branch SME, with a growth rate higher than the Total loans and the amount is higher than the previous year.

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The Newly-Added Funds by ICBC Planned to Exceed 45 Billion Yuan
For continued economic growth and rapid Hunan Province, said the new funds provide support ICBC is scheduled for 45 billion yuan, including all types of loans more than 30 billion yuan.