Statistics

CDB outstanding forex loans hit $141.3b

(Xinhua)
Updated: 2011-02-16 14:52

BEIJING - China Development Bank said Wednesday its outstanding foreign-exchange loans totaled $141.3 billion at the end of last year.

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The bank's ratio of non-performing foreign-exchange loans stood at 0.26 percent.

The lender, a major Chinese creditor to international infrastructure projects, has become the country's largest issuer of foreign-exchange loans, as it has extended credit to projects in more than 90 countries and regions.

An official from the bank said it would further promote international finance cooperation and support Chinese firms do business abroad during the 12th Five-Year Plan (2011-2015).