China: Bank of China signs "Strategic Cooperation Agreement" with a list of property development firms

Announcement

25 Nov 2022

In November 2022, the Bank of China signed Strategic Cooperation Agreements with a list of property developer companies, establishing credit lines of a total of CNY 600 billion (approx USD 84 billion).

Source

Number of interventions

7 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2022

Revocation date:

No revocation date

Updated: 25 Nov 2022

State loan In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with Midea Real Estate. The agreement was one of ten amounting to CNY 600 billion (approx. US...

Updated: 25 Nov 2022

State loan In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with Binjiang Group. The agreement was one of ten amounting to CNY 600 billion (approx. USD 8...

Updated: 25 Nov 2022

State loan In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with Greentown China. The agreement was one of ten amounting to CNY 600 billion (approx. USD ...

Updated: 25 Nov 2022

State loan In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with Gemdale Group. The agreement was one of ten amounting to CNY 600 billion (approx. USD 84...

Updated: 25 Nov 2022

State loan In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with China Merchants Shekou. The agreement was one of ten amounting to CNY 600 billion (appro...

Updated: 25 Nov 2022

State loan In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with China Overseas Land and Investment Limited. The agreement was one of ten amounting to CN...

Updated: 25 Nov 2022

Lending support In force

On 25 November 2022, the Bank of China announced that it had concluded a “Strategic Cooperation Agreement” with China Resources Land. The agreement was one of ten amounting to CNY 600 billion (approx....