Bank of China Limited said that it has handled CNY 50 million cross-border CNY loans for Sino-Singapore Tianjin Eco-City Investment and Development Co., Ltd (SSTEC), being the first lender to handle such service in Tianjin Eco-City. 

 

The loans were headed by Tianjin branch of BOC and arranged abroad by Singaporean branch. Financing will be used to build projects and for daily operation of SSTEC. 
 

Tianjin Eco-City is a strategic cooperative project between China and Singapore. 

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