BEIJING, Oct. 31 (Xinhua) -- China construction Bank (CCB) has offered 160 billion yuan of loans to small and micro enterprises so far in 2018, according to Tian Guoli, chairman of CCB speaking at a recent press conference.
The CCB is likely to offer 200 billion yuan of loans in total to the small and micro enterprises this year, Tian added.
It is noted that technologies have assisted the bank in determining the credit status of a company. The CCB has launched a big data app to simplify loaning process for the small and micro enterprises, according to Tian. (Edited by Jiang Feifan, Niu Huizhe)
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