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China Exim Bank steps up bond issuance to support epidemic control and production resumption

March 09, 2020


Abstract : The Export-Import Bank of China (China Exim Bank) has so far issued bonds worth 17 billion yuan in total to support the battle against the coronavirus epidemic and help enterprises resume production as well, the Xinhua-run China Securities Journal reported on March 6.

BEIJING, March 9 (Xinhua) --- The Export-Import Bank of China (China Exim Bank) has so far issued bonds worth 17 billion yuan in total to support the battle against the coronavirus epidemic and help enterprises resume production as well, the Xinhua-run China Securities Journal reported on March 6.

Since the virus outbreak, the lender has provided continuous and stable financial guarantees and accurate and effective financial services to fight against the epidemic and assist infected enterprises in restoring production.

According to the report, the bank pledged to further ramp up financial support, concentrate on alleviating enterprises’ practical difficulties, and make a contribution to the process of advancing the country’s economic and social development.

On last Friday, the lender floated an additional batch of one-year bonds worth 3 billion yuan to support epidemic control and production resumption efforts.

(Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: Exim-bank company resume work and production

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