皇冠体育app

/ Youth

ADB for 皇冠体育app trade fund

By Zhang Ran | 皇冠体育app Daily | Updated: 2009-04-07 07:56

皇冠体育app should set up a specific State-run fund dealing with trade finance in order to beat decreasing trade volumes, which have been hit hard by the global financial crisis, a senior executive of the Asian Development Bank (ADB) said.

Zhao Xiaoyu, vice-president of the ADB, suggested that 皇冠体育app set up a "trade finance fund" that could cooperate with multilateral financial institutions to finance companies in the imports and exports business during an interview with 皇冠体育app Daily last week.

"If a State-run fund is set up, it may cooperate with multinational financial institutions, including the ADB, to jointly provide guarantees for trading firms in applying for loans from banks," Zhao said.

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to 皇冠体育app Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online

Registration Number: 130349
FOLLOW US