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BOC, Tianjin sign financing agreement
Published on: 2009-01-05
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Bank of China announced on 30 December that it had signed a strategic cooperation agreement with the Tianjin municipal government to provide the city with financing support worth 300 billion CNY in the next five years, Alibaba News reported. Under the agreement, BOC will take advantage of the central government's favorable policies on the Tianjin Binhai New Area and actively cooperate with the local government and the financial institutions in the area on sectors such as banking, insurance and securities, etc.
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