So far, Country Garden has signed strategic cooperation agreements with 10 banks, and has received a total of more than 300 billion yuan of intentional comprehensive credit support… According to the agreement, Shunde Rural Commercial Bank will provide Country Garden Group with a total intentional comprehensive credit of no more than 20 billion yuan, To support the reasonable financing needs of enterprises… On the previous day, Country Garden also signed strategic cooperation agreements with Shanghai Pudong Development Bank, China Everbright Bank, and Zhuhai China Resources Bank, and received comprehensive financial service support from various banks.
media reports
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Event Tracking
- 2022-12-05 Country Garden Receives Over 300 Billion Credit Support from 10 Banks
- 2022-11-24 Country Garden’s credit line from a large state-owned bank today will exceed 100 billion
- 2022-11-10 Country Garden Services intends to acquire over 21% of shares in Hefu Brilliant Group for HK$233 million
- 2022-03-30 The area under management has doubled, Country Garden Services said that large-scale mergers and acquisitions have passed
- 2022-01-01 Country Garden merged the regions and reduced them to 65
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