ABC SICHUAN BRANCH TO GRANT MORE LOANS FOR RURAL DEVELOPMENT

AsiaInfo Services, February, 2007

AsiaInfo Services 02-08-2007 ABC Sichuan Branch to Grant More Loans for Rural Development SICHUAN, Feb 08, 2007 (SinoCast via COMTEX) -- Agricultural Bank of China Sichuan Branch is to provide additional CNY 8 billion loans for rural households, agriculture and rural areas in 2007. The loans will be granted to agricultural industry development, small and medium company cultivation, rural infrastructures construction, small town construction and county economic development, according to officials from the branch. In addition to individual production and operation in urban and rural areas, the local subsidiary bank will also expand money offering for operation of rural distinctive industries and transportation, as well as small-amount secured loans for people who lost...

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