CQRC BANK (03618) agrees to grant a interbank credit line of 1.2 billion yuan to Zhejiang Wangshang Bank.

date
19:11 25/09/2024
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GMT Eight
Chongqing Rural Commercial Bank (03618) issued an announcement agreeing to acquire shares in Zhejiang Net Commerce Bank Limited (hereafter referred to as...
CQRC BANK (03618) announced that it has agreed to provide a credit facility of 1.2 billion RMB to Zhejiang Wangshang Bank Co., Ltd. ("Zhejiang Wangshang Bank"), with a credit term of 1 year. This related transaction does not require approval from the board of directors and shareholders' meeting of the bank.