General Affairs Department of State Administration of Foreign Exchange, Question Concerning Provision of Security for Renminbi Loans Granted by Wholly Foreign-owned Banks Inside China Reply

国家外汇管理局综合司关于为境内外资银行人民币贷款提供担保问题的复函

Issued: June 8 2001Main contents: The Reply states that the issue of Renminbi loans to domestic organizations by approved wholly foreign-owned banks in…

1 minute readSeptember 02, 2001 at 12:58 AM

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Issued: June 8 2001

Main contents: The Reply states that the issue of Renminbi loans to domestic organizations by approved wholly foreign-owned banks in China is not considered as foreign debts of domestic organizations and thus security provided for such loans is not considered as security to foreign entities

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