BOC to finance Taiwan firms with 200b yuan over 3 yrs   

中行未來三年2000億元人民幣融資支持臺資企業(yè)

中國銀行18日對外宣布，將在未來三年內(nèi)安排2000億元人民幣融資支持臺資企業(yè)的業(yè)務(wù)發(fā)展，進(jìn)一步推動兩岸經(jīng)貿(mào)往來合作。

Beijing (CNS) -- The Bank of China (BOC) announced on Monday it will finance Taiwan firms and SMEs developing on the mainland, setting aside 200 billion yuan (US$31.46 billion) for that in the next three years.

In the previous three-year term, BOC promised to disperse a fund of 50 billion yuan (US$7.87 billion) to such ventures and the funds granted actually exceeded that figure.

The bank confirmed that it has extended credit worth 170 billion yuan (US$26.74 billion) in the past three years to more than 700 Taiwan companies with which it has established business ties.