Bank of China $ 3 Billion Public Financing Guarantee Fund – hkej.com



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The Bank of China (03988) announced that it has recently signed the sponsorship agreement of the National Financing Guarantee Fund, which aims to contribute to the National Financing Guarantee Fund for an amount of 3 billion yuan (RMB) and 4 points from this year The year is in place. The Bank of China said that investment is an important measure for social responsibility, the development of the real economy and the support of the national strategy while strengthening the social influence of the bank, by expanding customer access channels and improving tracking. The development potential is positive.

Funded jointly by the Ministry of Finance and 20 organizations, the National Financing Fund supported the provinces in the financing of guarantees in the form of equity and guarantees, and supported small and micro enterprises, l & # 39; agriculture, rural areas and farmers.

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