China Eximbank to set up branch in Chongqing

The Export-Import Bank of China (Eximbank) has recently received official approval from China's Ministry of Finance to set up a branch in Southwestern China's Chongqing, the most

Yet another lender for Chinese SMEs

Citigroup Inc will step up efforts to court Chinese SMEs as its business in that sector generated triple-digit growth last year. The first group of overseas lenders will soon be issued with licenses to conduct

Chinese listed SMEs report rising profit

China's listed small-and medium-sized enterprises (SMEs) have reported robust profits, according to business reports published on Wednesday. The 116 SMEs listed on

ICBC to double SME loans

The Industrial and Commercial Bank of China intends to orient half of its loans to small- and medium-sized enterprises over the next three years. An ICBC spokesman said the bank has designed a plan