Exim Bank of China signs USD 3.6 bln in agreements to support trade financing

Wednesday 10 November 2021 10:28 CET | News

The Export-Import Bank of China (Exim Bank) has executed cooperative agreements with nearly 40 enterprises at a ceremony at the China International Import Expo held in Shanghai.

The agreements are for the purpose of ‘actively satisfying the import financing needs of enterprises’ and are collectively worth more than USD 3.6 billion, covering sectors including advanced manufacturing and green finance.

Exim Bank has provided a total of USD 31.3 billion in financing to enterprises on nearly 300 occasions at the previous Import Expos.

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Keywords: banks, trade finance
Categories: Banking & Fintech
Countries: China
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Banking & Fintech

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