China's Banks Offer Over 537 Bln Yuan Credit Support for Epidemic Control
Xinhua
DATE:  Feb 15 2020
/ SOURCE:  yicai
China's Banks Offer Over 537 Bln Yuan Credit Support for Epidemic Control China's Banks Offer Over 537 Bln Yuan Credit Support for Epidemic Control

(Yicai Global)Feb. 15 -- China's banks had provided over CNY537 billion (USD76.89 billion) of credit support as of Friday noon to help companies restore production amid the fight against the novel coronavirus outbreak, a senior official with the China Banking and Insurance Regulatory Commission (CBIRC) said today.

Differentiated preferential financial credit supports have been offered to enterprises and the help for the areas hit hard by the novel coronavirus has been strengthened, Liang Tao, vice chairman of the CBIRC, said at a press conference.

Editor: Chen Juan

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Keywords:   NCP,Wuhan