China Yuchai International re-finances existing credit facility
China Yuchai International Limited, announced today that it has entered into a bridging loan agreement of up to S$50 million for a 12 months duration, with DBS Bank Ltd., of Singapore , to partially re-finance one of its existing revolving credit facilities due to expire shortly.
China will push forward development of rural credit systems, the People's Bank of China said in a statement on its website today.