the Belt and Road > Industries

Banks in Henan lend RMB58.64 bln to Belt Road projects by September

2015-11-19 17:39

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Bank loans into projects of the Belt Road initiative in central China's Henan has amounted to58.64 billion yuan by September, according the statistics from the Henan office of China Banking Regulatory Commission (CBRC).

Meanwhile, balance of loans on major transportation projects including railways and highways stood at 213.15 billion yuan at the end of September, and the figure on overseas projects including manufacture and engineering construction reached 26.48 billion yuan.

According to the statistics, balance of loans on local airport and functional zone construction issued by Henan banking institutions amounted to 77.14 billion yuan at the end of September, including 39.5 billion yuan of commitment loans from China Development Bank, 10 billion yuan from Bank of China for mobile industrial cluster construction, and 50-70 billion yuan of commitment loans from Zhongyuan Bank in the latest five years.

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