Bank of China (Hong Kong) Co. Ltd. has signed an agreement with Xiamen Airlines based in southeast China's Fujian Province, agreeing to offer credits totaling 133 million US dollars for the airlines to purchase five Boeing 737-700 planes in 2005, said sources with the airlines on Monday.

Bank of China has been listed among the world's top 500 for 15 consecutive years, which set up the Bank of China (Hong Kong) Co. Ltd. in 2001 by reorganizing 10 member branches.

Xiamen Airlines has had long cooperation with Bank of China. The two sides signed a one billion US dollars cooperation agreement in July 2004.

Source: Xinhua