CDB's loan balance to SCO countries approximates $50B

0 Comment(s)Print E-mail Xinhua, June 14, 2019
Adjust font size:
A bank staff member counts 100-yuan banknotes at the Beijing Branch of the Bank of Communication in Beijing, capital of China. [Photo/Xinhua]

China Development Bank's (CDB) outstanding project loans to member states, observer states, and dialogue partners of the Shanghai Cooperation Organization (SCO) amounted to 49.6 billion U.S. dollars by the end of March 2019.

Kyrgyzstan and Tajikistan have carried out cooperation in multiple sectors with the CDB.

CDB's loans to Kyrgyzstan covered projects in the sectors of minerals, telecommunications, petrochemicals, agriculture and small and medium-sized enterprises (SMEs), with an outstanding balance of 350 million U.S. dollars by the end of 2018.

The CDB has issued loans to Tajikistan's projects in the sectors of telecommunications, cement, electricity, minerals, agriculture and SMEs, with an outstanding balance of 174 million dollars by the end of last year.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter