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Sinosure underwrites for 30,000-odd SMEs in Jan-Sept, up 8.2pct o-y

BEIJIGN
2015-10-30 10:08

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China Export & Credit Insurance Corporation (Sinosure) underwrote about 26.96 billion US dollars for 33,317 small and micro enterprises (SMEs) in the first three quarters of 2015, up 8.2 percent year on year, according to its latest data on Thursday.

In order to support development of the SMEs, the Sinosure has cooperated with governments, banks, and business associations to provide the SMEs with intensive, convenient and favorable financial services.

The company has accumulatively helped the SMEs get financing of 10.87 billion yuan by means of "banking + insurance".

The Sinosure will strengthen communication and cooperation with business departments; increase efforts to support SME export enterprises, and further explore the "banking + insurance" SME financing model to promote online financing cooperation with the SMEs.

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