Knowing All about Hunan

China EXIM Bank Hunan Branch Fuels Hunan Enterprises

Editor:李莎宁
Source:enghunan.gov.cn
Updated:2016-01-22 11:30:41

It was learnt from the Export-Import Bank of China (China EXIM Bank) Hunan Branch on Jan. 18, 2016, that its aggregate credit totaled over 55 billion yuan with more than 2 billion USD foreign currency loans in 2015 alone, boasting the highest rating in the financial circle of Hunan Province.

The Hunan Branch has expanded financial supports for Hunan enterprises to “go global”, accumulating an outward foreign investment of nearly 90 billion yuan. It also granted a number of strategically important foreign contracted projects including those in Germany, US, Southeastern Asian, and Europe, attributing to Hunan’s open economy development.

The Bank has actively helped Hunan take full advantage of the “Belt and Road” initiative to expand overseas markets last year. Almost all the foreign investment projects above 10 million USD were supported by the Bank, a major impetus to Hunan enterprises in investing and doing M&A overseas.