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Wolrd Bank approves 750 mln USD loan to boost transport, digital connectivity in Kenya
The World Bank said on Wednesday it has approved an 81.3 billion shilling (about 750 million U.S. dollars) loan to help improve the movement of people and goods, digital connectivity and access to social services for over 3.2 million people in northeastern Kenya.
China's loan prime rates unchanged
China's one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent Thursday, remaining unchanged from the previous month.
China's new yuan loans hit 992.7 bln yuan in July
China's new yuan-denominated loans hit 992.7 billion yuan (about 142.4 billion U.S. dollars) in July, down 63.1 billion yuan compared with the same month of last year, data from the central bank showed Tuesday.
China micro-credit firms' outstanding loans at 884.1 bln yuan
Outstanding loans extended by China's micro-credit companies stood at 884.1 billion yuan (about 126.4 billion U.S. dollars) by the end of June, according to central bank data.
China's new yuan loans on the rise
China's new yuan-denominated loans expanded to 12.09 trillion yuan (about 1.73 trillion US dollars) in the first half of 2020, up 2.42 trillion yuan year on year, data showed on Friday.
China's manufacturing sector sees surging new loans
China's manufacturing sector saw a surge in new loans in the first five months of this year as the country strengthened financial support amid the COVID-19 epidemic, official data showed.
Industrial Bank issues special financial bonds for small business loans
The Industrial Bank issued 30 billion yuan (about 4.23 billion U.S. dollars) in special financial bonds for small business loans on Wednesday, aiming to help these firms resume work and production.
More Chinese small firms to get loans with taxpaying records
More Chinese cash-starved small and micro-businesses have easier access to credit support thanks to the information sharing system between banks and tax departments, officials said Wednesday.
12 banks in central China's Hubei provide 34 bln yuan credit support for major enterprises
12 banks in central China's Hubei Province have provided a total of 34 billion yuan worth of credit support for 802 major enterprises, said the Hubei headquarters for the control and treatment of the pneumonia caused by the novel coronavirus (COVID-19) on Saturday.
Economic Watch: China's central bank further cuts rate for medium-term loans
China's central bank on Wednesday further lowered the interest rate of its medium-term lending facility (MLF) loans by 20 basis points amid a slew of monetary policy maneuvers to mitigate impact of COVID-19 on the world's second largest economy.
China's central bank further cuts rate for medium-term loans
China's central bank on Wednesday further lowered the interest rate of its medium-term lending facility (MLF) loans by 20 basis points amid a slew of monetary policy maneuvres to mitigate impact of COVID-19 on the world's second largest economy.
Over 350,000 firms get loans at preferential rates: central bank
More than 350,000 companies in China had obtained loans at preferential rates by late March as the country stepped up targeted financial support for businesses hit by COVID-19.
Balance of loans up 4.4 pct in Shanghai by February
The balance of loans in Shanghai stood at 7.9 trillion yuan (about 1.13 trillion U.S. dollars) at the end of February, up 4.4 percent year on year, official data showed.
China Everbright Bank issues over 27-bln-yuan in loans supporting medical care, necessity supplies
China Everbright Bank (CEB), a joint-stock lender, has enhanced its credit support for the enterprises in sectors safeguarding medical care, public health and daily necessity supplies since the beginning of this year.
ADB to grant 130-mln-yuan loan to China's pharmaceutical firm
The Asian Development Bank (ADB) said Tuesday that it will grant a loan of 130 million yuan (about 18.6 million U.S. dollars) to a Chinese pharmaceutical firm to help contain the novel coronavirus outbreak.
China's new yuan loans rise in January
China's new yuan-denominated loans hit 3.34 trillion yuan (476.97 billion U.S. dollars) in January, a year-on-year rise of 110.9 billion yuan, central bank data showed on Thursday.
CBIRC: loans granted to China's small and micro businesses up 19.8 pct in Q1-Q3
China's small and micro businesses obtained more loan support from banks in the first three quarters this year, according to the China Banking and Insurance Regulatory Commission (CBIRC) on Monday.
China's new yuan loans fall in August
China's new yuan-denominated loans stood at 1.28 trillion yuan (about 186.4 billion U.S. dollars) in August, down from 1.45 trillion yuan in July, central bank data showed Wednesday.
China's new yuan loans rise in July
China's new yuan-denominated loans stood at 1.45 trillion yuan (211 billion U.S. dollars) in July, up 627.8 billion yuan year on year, central bank data showed Monday.
China micro-credit firms' outstanding loans at 976.3 bln yuan
Outstanding loans extended by China's micro-credit companies amounted to 976.3 billion yuan (143.6 billion U.S. dollars) by the end of June, according to central bank data Wednesday.
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