CCB inks house renting deals
By Jiang Xueqing in Shenzhen, Guangdong | China Daily | Updated: 2017-11-04 07:11
Commercial lender launches new loan product for tenants in Shenzhen
China Construction Bank Corp on Friday joined hands with major real estate developers to provide long-term housing for rent and launched a loan product for tenants in Shenzhen, Guangdong province.
Taking a strong foothold in mortgage loans, the second largest commercial bank by assets in China signed contracts with 11 companies, including large developers such as China Vanke Co Ltd, China Evergrande Group and Country Garden Holdings Co Ltd, to provide 5,481 houses for long-term rent in Shenzhen.
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