Bank of China reaps benefits from improving key fields’ credit support


Source: pdnews.cn pdnews.cn

Key Topics in this News Article:

News Snapshot:

A Bank of China branch in Beijing. (Photo: IC) The Bank of China ramped up credit support for key fields and weak links of the economy in the first half of this year, strengthening financial support for infrastructure construction, better serving the green transition and increasing financial supply to stabilize foreign trade, said senior executives of the bank. As of the end of June, the large State-owned commercial lender's renminbi loans and advances to customers totaled 13.78 trillion yuan ($2 trillion), an increase of 1.02 trillion yuan or 8 percent compared with the prior year-end. Specifically, technology finance loans grew...