Aluminum Company of Shanghai Pudong Development Bank were 15.0 billion credit line
Date: 2008-12-09 Click: 509
December 4, China Aluminum Corporation and Shanghai Pudong Development Bank signed a strategic cooperation agreement bank. Under the agreement, Shanghai Pudong Development Bank to give Alcoa 15,000,000,000 yuan in the comprehensive credit line for aluminum in aluminum, copper and rare metals of the three major areas of business development with a full range of financial services.

Shanghai Pudong Development Bank is the aluminum company's major strategic partner, after China Aluminum Co., Ltd. Shanghai Pudong Development Bank has credit line of nearly 40 billion yuan, taking nearly 10 million. The signing of the agreement, marking the cooperation between the two sides entered a new level. In the global economy from the crisis in the financial sector spread to the real economy, the economy under great pressure of a critical moment, the cooperation between the two sides have also demonstrated that both sides should be a serious challenge, each other's advantages for a better future confidence and determination.
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