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Home >> Business
UPDATED: 17:04, November 11, 2005
Banks hold symposium on joint financing
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China's export and import bank (Eximbank), the World Bank and the Asian Development Bank (ADB) meet in Beijing Friday to study models concerning joint financing.

A spokesman for Eximbank said the symposium aims to further strengthen cooperation between Eximbank and international institutions, learn from the successful experiences of international financial organizations in financial operations to help Chinese enterprises with their international business.

The Eximbank is China's state-owned policy bank supporting foreign trade and Sino-foreign economic cooperation. By the end of September 2005, the bank's total assets had reached 340.8 billion yuan (about 42.08 billion US dollars), granting an accumulated amount of 539.3 billion yuan in loans to support the export of 200 billion US dollars worth of goods.

Source: Xinhua


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