China Business News: Bank of China grants US$2.93-bln loan to COSCO Container Lines

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Bank of China grants US$2.93-bln loan to COSCO Container Lines

May 14, 2009 (China Knowledge) - The Shanghai branch of Bank of China (BOC)<601988><3988> was recently authorized to grant US$2.93 billion in loans to COSCO Container Lines Co Ltd (COSCON), one of the world's leading providers of container shipping services, during the next three years, the official Xinhua News reported on Monday. According to the plan, BOC Shanghai branch will grant

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