CZBank, one of China’s 12 nationwide joint-stock commercial banks, saw the balance of its inclusive loans to small businesses reach 236.55 billion yuan at the end of December last year, 34.47b yuan more than that at the beginning of the year.
In the first three quarters of 2021, about 18pc of the new loans went to small businesses. The lender has pooled more financial resources to support small businesses and cooperated with 91 guarantee institutions by the end of Dec, involving 13 provinces.—Xinhua
