Bank of Shanghai: 1st Local Commercial Bank to Offer Export Credit

Help | Sitemap | Archive | Advanced Search | Mirror in USA



CHINA BUSINESS OPINION WORLD SCI-EDU SPORTS LIFE WAP SERVICE FEATURES PHOTO GALLERY
	INTERACTIVE
	Message Board
	Feedback
	Voice of Readers
	China Quiz





	China At a Glance
	Constitution of the PRC
	State Organs of the PRC
	CPC and State Leaders
	Chinese President Jiang Zemin
	White Papers of Chinese Government
	Selected Works of Deng Xiaoping
	English Websites in China



	Help About Us SiteMap Employment
	MIRROR

	U.S. Mirror Japan Mirror Tech-Net Mirror Edu-Net Mirror

Wednesday, March 07, 2001, updated at 11:16(GMT+8)

Business

Bank of Shanghai: 1st Local Commercial Bank to Offer Export Credit

The Bank of Shanghai reached an agreement on March 5 with the Thakral Bank of Iran on offering US$16.14-million export credit to Teheran for purchasing Chinese subway facilities, thus becoming the first local commercial bank of China granting export credit.

As reported the first phase of the Teheran subway construction is so far the largest exporting project of subway facilities from China. The project is estimated to last for seven years.

For Chinese local commercial banks it means a major breakthrough in the international business that the Bank of Shanghai has won the bid as the finance bank of export credit in the subway construction of Teheran, Iran.

By PD Online Staff Member Deng Gang



Print	Discuss It	Recommend to your friend

In This Section



	The Bank of Shanghai reached an agreement on March 5 with the Thakral Bank of Iran on offering US$16.14-million export credit to Teheran for purchasing Chinese subway facilities, thus becoming the first local commercial bank of China granting export credit.




Advanced Search


	Eximbank Finances Bangladesh Power Projects Eximbank Finances Albanian Hydropower Project Eximbank Finances Iranian Power Plant

	Exports and Imports