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Jiangsu Suzhou Steel Group Co.,Ltd Signed a Cooperation Agreement with KBC

2008-4-29
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¡¡¡¡An Asia-pacific bank-company cooperation agreement was signed recently between Jiangsu Suzhou Steel Group and KBC Bank of Belgium. Under the agreement, KBC Asia-pacific Nanjing branch shall, make a loan of 200 million Yuan with comprehensive credit and preferential rate to Jiangsu Suzhou Steel Group Co.,ltd. Suzhou Steel Group will mainly use the money for the turnover of the current capital, technology project counterpart fund, Bill Purchase under Documentary Credit, export packing loan, and the issuing of import foreign currency L/C.
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