The Export-Import Bank of China inaugurated its Paris office recently which would serve all the French-speaking countries in west Europe, north Europe and Africa.

The Paris office will play a key role in promoting the bank's official loan business on behalf of the Chinese government to French-speaking countries, those in Africa in particular, under favorable terms.

The bank is the third largest official credit institution in the world, following Japan Bank for International Cooperation (JBIC) and Export-Import Bank of the United States.

By Peoples' Daily Online