Industrial and Commercial Bank of China (ICBC), the nation’s largest bank by assets, said on Thursday it would offer 500 billion yuan (US$75.4 billion) worth of credit to support the home rental market in Guangzhou.
The bank would offer credit to support the establishment of a state-owned residential leasing platform in Guangzhou.
The Beijing-based bank also signed strategic cooperation deals with two Guangzhou-based enterprises, Yuexiu Group and Pearl River Enterprises Group, to jointly…
Source : South China Morning Post
Read more…ICBC to offer 500 billion yuan worth of credit to spur home rental market in Guangzhou















