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....

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. US...

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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. U...

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...

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 (ap...

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...

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 (appr...