BEIJING, March 3 (Xinhua) -- Chinese banking institutions had offered credit support of over 1.15 trillion yuan as of Monday noon to meet firms' financing needs for epidemic prevention and control, the Xinhua-run cs.com.cn reported on Monday.
Of the total, China Development Bank had provided loans of about 47.20 billion yuan to related firms for epidemic prevention and control and production.
The Agricultural Development Bank of China and the Export-Import Bank of China had granted loans totaling 76.31 billion yuan to related firms.
China’s six big commercial banks including the Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, Bank of China, Bank of Communications and Postal Savings Bank of China had offered a total of 268.18 billion yuan worth of loans to related firms.
In addition, 12 joint-stock commercial banks including SPD Bank, China Merchants Bank and China CITIC Bank had provided 405.0 billion yuan of loans in total. (Edited by Zhang Yuan, firstname.lastname@example.org)