Skip to main content
Best News Website or Mobile Service
 
WAN-IFRA Digital Media Awards Worldwide
Best News Website or Mobile Service
 
Digital Media Awards Worldwide
Hamburger Menu

Advertisement

Advertisement

Business

Postal Savings Bank of China to provide $39 billion of property sector financing

Postal Savings Bank of China to provide $39 billion of property sector financing

FILE PHOTO: Surveillance cameras are seen near residential buildings under construction in Shanghai, China July 20, 2022. REUTERS/Aly Song/File Photo

BEIJING : Postal Savings Bank of China has agreed to provide a total of 280 billion yuan ($39.17 billion) in financing to property companies including Vanke, Longfor and Country Garden, it said in a statement on Thursday.

($1 = 7.1479 Chinese yuan renminbi)

Source: Reuters
Categories

Advertisement

Also worth reading

Advertisement