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KM Financial Solutions | China’s Bank of Gansu, hit by depositor nerves, moves to provide loans to state firms
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China’s Bank of Gansu, hit by depositor nerves, moves to provide loans to state firms

09 Apr China’s Bank of Gansu, hit by depositor nerves, moves to provide loans to state firms

Posted at 07:55h in News by
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China’s Bank of Gansu
has agreed to provide 30 billion yuan ($4.26 billion)
of loans to state firms in the northwestern province over the
next three years, in an apparent show of financial strength
after a rush of fund withdrawals at one of its branches last
week.

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