Bank Provides Loans for University in South China

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Friday, May 05, 2000, updated at 10:57(GMT+8)

Sci-Edu

Bank Provides Loans for University in South China

The Guangdong provincial branch of the Industrial and Commercial Bank of China (ICBC) will provide one billion yuan in loans for South China Normal University over the next four years.

The Bank will offer all-round financial services for South China Normal University.

So far, the Bank has offered a credit line of 3.8 billion yuan for universities in China.

The ICBC ranks the first among China's commercial banks. At the end of March, the ICBC Guangdong branch had 440.9 billion yuan in total assets.


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	The Guangdong provincial branch of the Industrial and Commercial Bank of China (ICBC) will provide one billion yuan in loans for South China Normal University over the next four years.




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