CDB releases 3rd responsibility report; loans to SMEs top $7 bln in 2009

21:46, June 10, 2010      

Email | Print | Subscribe | Comments | Forum 

China Development Bank (CDB), a major Chinese bond issuer, said Thursday it extended 48.2 billion yuan (7.05 billion U.S. dollars) of loans to small- and medium-sized enterprises (SMEs) last year.

The bank also made 85.3 billion yuan of home loans to low- and middle-income families last year, according to its 2009 corporate social responsibility report released Thursday.

The lender continued to strengthen its financial support for farmers, low-income earners and SMEs while maintaining stable profit growth over the past year, the report said.

CBD President Chen Yuan said the bank will take on greater social responsibility in the future and strive to provide better services to its customers.

The responsibility report was CBD's third after joining the United Nations (UN) Global Compact in 2006.

The UN Global Compact is a policy initiative for businesses committed to aligning their operations and strategies with ten universally accepted principles. The principles relate to human rights, labor rights, environmental protection and anti-corruption.

Source: Xinhua

(Editor:王千原雪)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion