Bank Provides Huge Credit to Boost Chain-Store BusinessThe Shanghai Pudong Development Bank will provide the Shanghai Friendship (Group) Co., Ltd. with nearly two billion yuan of credit to boost the chain-store's business in the top commercial center of China.Under the agreement signed Monday, the bank will provide 650 million yuan of credit annually over the next three years to Shanghai Friendship, a large commercial conglomerate and the leading chain-store business in city. Jin Yun, president of the bank, said that his bank will also provide a series of financial services to the company to ensure its smooth operation. |
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