Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Agricultural Bank of China steps up financial support for rural areas

June 28, 2020


Abstract : The Agricultural Bank of China, one of the country's largest commercial lenders, has increased financial support for rural areas this year, data showed.

BEIJING, June 27 (Xinhua) -- The Agricultural Bank of China, one of the country's largest commercial lenders, has increased financial support for rural areas this year, data showed.

As of June 23, outstanding loans to county-level regions exceeded 5 trillion yuan (about 708.7 billion U.S. dollars), which is 462.1 billion yuan higher than the beginning of this year, registering an increase of 10.18 percent.

Personal loans in counties totaled 2.11 trillion yuan, up 9.55 percent from the beginning of the year, while loans to legal entities reached 2.89 trillion yuan, up 10.64 percent. Enditem

Scan the QR code and push it to your mobile phone

Keyword: financial support Agricultural Bank of China

Reading:

China's auto imports, exports down 10 pct in May

China's benchmark power coal price remains flat

China's local currency bond market remains largest in East Asia: ADB

China releases new negative lists for foreign investment

China still attractive to foreign investment despite COVID-19: AmCham Shanghai president

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial