Loans for Supporting Foreign Trade Clusters and Trade Promotion Platforms-THE EXPORT-IMPORT BANK OF CHINA
Loans for supporting foreign trade clusters and trade promotion platforms refer to the local- and foreign-currency loans provided by the Bank to borrowers to support their daily operation and fixed asset investment and merger including the building of foreign trade clusters and trade promotion platforms in China. The loans are also aimed at cultivating new advantages and new business forms of foreign trade, and injecting new impetus to China’s foreign trade development.
All domestic enterprises registered with the administrative bureaus for industry and commerce of China and having an independent legal capacity, or institutional legal persons qualified for borrowing can apply to the Bank for loans for supporting foreign trade clusters and trade promotion platforms.
1.The borrower should carry out production and business activities in compliance with laws and regulations, and have no major bad record. It should have the capacity for sustainable operation, good credit standing, legitimate sources of repayment, and the ability to repay the loan principal and the interest accrued thereon.
2.The borrower should meet the Bank’s requirements for credit rating.
3.The use of loans and sources of repayment should be clearly specified, and they must comply with the laws, regulations and policies of China.
4.Projects to be invested must comply with the relevant polices of China and the Bank (if any).
5.A repayment guarantee recognized by the Bank should be provided (if necessary).
6.Other conditions as deemed necessary by the Bank should apply.