BEIJING (XFN-ASIA) - China Construction Bank Corporation (SHA 601939; HK 0939) said it has signed an agreement with newly established Hebei Iron and Steel Group (HBIS), the country's largest steel producer for a credit line worth 50 bln yuan.
In a statement published on its website, the bank said it will provide HBIS comprehensive financial services, including individual banking services for employees of HBIS.
It gave no further details.
(1 usd = 6.85 yuan)
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