Common Contracts
1 similar Renminbi Loan Agreement contracts
Shenzhen International and Taipei Fubon Bank Sign RMB500 Million Qianhai Bilateral Cross-border Renminbi Loan AgreementRenminbi Loan Agreement • December 18th, 2013
Hong Kong, 18 December 2013 … Shenzhen International Holdings Ltd (“Shenzhen International” or “Group”; HKEx: 00152) and Taipei Fubon Commercial Bank Co., Ltd (“Taipei Fubon Bank”) jointly announced the signing of a one-year RMB500 million Qianhai bilateral cross-border Renminbi loan agreement (“Agreement”). The Renminbi loan shall be used to finance the Group’s project development in Qianhai Mawan Area. The collaboration between Shenzhen International and Taipei Fubon Bank is Qianhai Co-operation Zone’s first cross-border Renminbi loan collaboration between a state-owned enterprise listed on the main board of the Hong Kong Stock Exchange and a Taiwanese bank. It is also by far the largest bilateral cross-border Renminbi loan among Taiwanese banks.
