Bank of China Group Insurance Co Ltd, a wholly-owned subsidiary of state-owned Big Four lender Bank of China Ltd (BOC)<601988><3988>, plans to sell its 50% stake in Dongfeng Peugeot Citroen Auto Finance Co Ltd, an automobile financing joint venture (JV) established by the Chinese company with two other...
China Export-Import Bank (China Exim Bank), one of China鈥檚 policy-oriented banks, and Bank of China (BOC)<601988><3988>, the nation's largest foreign exchange lender, on Monday signed agreements to lend Indonesian state-owned power company PLN US$1.06 billion for new power plants.Under the...
China Eastern Airlines Ltd<600115><0670><CEA>, the country's third-largest carrier, on Tuesday signed an all-round cooperation agreement with Bank of China (BOC)<601988><3988> and obtained a credit line of RMB 20 billion from the lender.Under the agreement, the two sides will promote all-round business...
Bank of China (BOC)<601988><3988>, the nation's second-largest lender, yesterday signed a comprehensive strategic cooperation agreement with Hebei provincial government in Shijiazhuang city, the Shanghai Securities News reported.According to the agreement, BOC will extend a total of RMB 200 billion...
Swire Properties, a real estate company of Hong Kong-listed Swire Pacific Ltd<19><87>, on Apr. 16 announced that it had obtained a credit line of RMB 2 billion for five years from Bank of China (BOC)<601988><3988>, sources reported.The funds will be used to develop a commercial project with total...
Bank of China (BOC)<601988><3988> and China Construction Bank Corp<601939><939>, two of the nation's Big Four stated-owned lenders, have released stricter loan rules and increased supervision in response to concern over China鈥檚 explosive loan growth, sources reported....
Franshion Properties (China) Ltd<817>, a subsidiary of Sinochem Corporation, announced on Apr. 14 that it had received a credit line of RMB 20 billion from the Beijing branch of Bank of China (BOC)<601988><3988>, sources reported.Under the terms of the agreement, BOC's Beijing branch will also be...
Bank of China (BOC)<601988><3988>, one of the Big Four state-owned banks in China, said yesterday that its Shanghai branch is actively preparing for the pilot program that will use the Chinese currency, RMB, instead of the U.S. dollar in foreign trade settlements.The lender said that its RMB-based settlement...
Bank of China (BOC)<601988><3988>, the nation's largest foreign exchange lender, announced late last week that it has given up its proposed purchase of a 20% in French bank La Compagnie Financiere Edmond de Rothschild as the deal fails to win approval from the Chinese regulator before the deadline...
Bank of China(BOC)<601988><3988>, the nation's second-largest lender, on Wednesday signed a comprehensive strategic cooperation agreement to lend Ningxia Hui Autonomous Region RMB 60 billion (US8.82 billion) for the next five years to support the local government's energy projects, the Shanghai...