Apple News Facebook Twitter 新浪微博 Instagram YouTube Wednesday, Mar 15, 2023
Search
Archive
English>>

CDB's loan balance to SCO countries approximates 50 bln USD

(Xinhua)    09:20, June 14, 2019

BEIJING, June 13 (Xinhua) -- China Development Bank's (CDB) outstanding project loans to member states, observer states, and dialogue partners of the Shanghai Cooperation Organization (SCO) amounted to 49.6 billion U.S. dollars by the end of March 2019.

Kyrgyzstan and Tajikistan have carried out cooperation in multiple sectors with the CDB.

CDB's loans to Kyrgyzstan covered projects in the sectors of minerals, telecommunications, petrochemicals, agriculture and small and medium-sized enterprises (SMEs), with an outstanding balance of 350 million U.S. dollars by the end of 2018.

The CDB has issued loans to Tajikistan's projects in the sectors of telecommunications, cement, electricity, minerals, agriculture and SMEs, with an outstanding balance of 174 million dollars by the end of last year.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Xian Jiangnan, Bianji)

Add your comment

Related reading

Full coverage

We Recommend

Most Read

Key Words