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Financing service promotes LNA's investment attraction

Updated: 2015-02-26

By Ge Jieru, chinadaily.com.cn

According to statistics from the Liangjiang New Area's financial service enterprise, it altogether issued loans for 298 projects in 2014. Of the total number of projects, 106 of them were for projects based in Liangjiang.

The loans for Liangjiang's local projects amounted to 1.65 billion yuan ($0.26 billion), 47.79 percent of the total amount of capital distributed. Compared with 2013, the loans distributed to local projects in Liangjiang in 2014 have increased by 345 million yuan.

The financial service enterprise responsible for dishing out loans in Liangjiang makes a large contribution to the upgrading of Liangjiang's service industry, as well as boosting innovation in the new area's science and technology areas. According to the Bancassurance Cooperation, the financing service enterprises also made great efforts in supporting local enterprise to get credit resources from banks.

"Timely financing is significant to those newly established enterprises," said Deng Sheng, general manager of the Liangjiang Financing Service Enterprise.

In addition, the financing service enterprise has customized different financing service packages for different enterprises.

Edited by Jacob Hooson

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