BOC Provides£¤300 Million Loans to Northwest AirlinesShaanxi Branch of the Bank of China (BOC) Monday signed an agreement with China Northwest Airlines in Xi'an on extending to the latter a loan of 300 million yuan in the coming year. Up to date, departments under the Bank of China have provided China Northwest Airlines with various secured capital and loans to the tune of nearly 9.87 billion yuan.Sources show that besides providing the 300 million-yuan loan, the Bank of China will also establish an agency in the office area of the Northwest Airlines so as to provide the enterprise with all kinds of timely services and all-round financial supports such as consultation, information and risk prevention. |
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