Source: Author: Date: 2008-09-18
On September 17, a ceremony of signing cooperation contracts was held in Yiwu. 15 banks and 36 companies signed agreements on the spot. Total credit reached 1.967 billion yuan, among which 589 million yuan were newly granted.
Wu Weirong, Secretary General of Yiwu Committee of the CPC, said that the contractual cooperation between companies and banks is another example of the philosophy of Symbiotic relationships between banks, companies and local economy, and brings it to a higher level. In actively helping companies to get through difficulties and upgrade their industry, the financial institutions will surely create a good image of integrity and mutual benefit. Many companies might in turn become loyal and high quality customers of the banks.
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