Arab Today, arab today eximbank inks loan deal with chinese counterpart
Last Updated : GMT 05:39:40
Arab Today, arab today
Arab Today, arab today

Eximbank inks loan deal with Chinese counterpart

Arab Today, arab today

Arab Today, arab today Eximbank inks loan deal with Chinese counterpart

Seoul - Yonhap

The Export-Import Bank of Korea (Eximbank) said Friday it has clinched a loan deal with its Chinese counterpart to provide Korean firms with loans and guarantees for their overseas projects. Under the agreement, Eximbank Korea will extend a loan to a domestic company doing business in another country, with the Export-Import Bank of China giving a guarantee on the company\'s equipment if it is made in China to be used in the overseas project, the Seoul-based policy lender said in a statement.

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Arab Today, arab today eximbank inks loan deal with chinese counterpart Arab Today, arab today eximbank inks loan deal with chinese counterpart

 



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