Shanghai Airlines Co Ltd<600591>, the city's second-largest carrier, signed a strategic cooperation agreement with the Bank of China Ltd (BOC)<601988><3988> Shanghai branch to obtain a credit line of RMB 8 billion from the latter, sources reported.Under the terms of the agreement, the two firms will...
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, signed agreements with Hubei Provincial Government over the weekend to extend comprehensive credit worth up to RMB 300 billion for key projects, sources reported.The credit line will be mainly used to finance transportation, infrastructure...
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, plans to grant at least RMB 500 billion (US$73 billion) in new loans in 2009, in a move to further boost credit and bolster economic development, the Shanghai Daily reported.The bank's chairman Xiao Gang said "the company needed to...
Jan. 14, 2009 (China Knowledge) - Bank of China Ltd (BOC)<601988><3988>, the country's fourth-biggest bank by assets, said Tuesday it signed a memorandum of understanding with China Communications Construction Co<1800> on extending R...
Anshan Iron and Steel Group Corp, one of China's largest producers of steel and metal products, claimed that it has signed a strategic cooperation agreement with Bank of China (BOC)<601988><3988> last week. Under the terms of the agreement, BOC will grant RMB 20 billion line of credit to the Liaoning-based steel...
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, announced that it won't be affected by any negative impact from the share sales by some of its strategic investors.The announcement came after Royal Bank of Scotland (RBS) confirmed that it was selling its 4.26% stake in the Chinese...
Dec. 31, 2008 (China Knowledge) - Shares of Bank of China (BOC)<601988><3988> in Hong Kong yesterday bucked the market trend to end 1.35% lower at HK$2.19, due to market speculation that its largest foreign shareholder...
Dec. 11, 2008 (China Knowledge) - Bank of China (BOC)<601988><3988>, the nation's second-largest commercial lender, said on Wednesday it will grant loans worth over RMB 300 billion next year to support the nation's fiscal stimulus...
Nov. 27, 2008 (China Knowledge) - Bank of China (BOC)<601988><3988> has agreed to extend RMB 11.8 billion credit line to Henan Shineway Group Co, the largest meat products provider in China, the Shanghai Securities News...
Nov. 5, 2008 (China Knowledge) - BOC Aviation, a wholly-owned unit of Bank of China<601988><3988>, has ordered 20 A320 aircraft from Airbus, according to a statement issued by the France-based aircraft manufacturer.The order includes17 air...