China Development Bank Provides ZTE US$15 Billion Credit Line

September 28th, 2009 HONG KONG - - Irish Investment Bank and CITIC GROUP Begin Joint Venture Carbon Bank Ireland, Ltd., an Irish investment bank, today announced the execution of a joint-venture agreement with the Chinese financial conglomerate, CITIC GROUP, to implement a trading platform for Voluntary Emission Credits (VERs). These will be generated by companies which wish to reduce their carbon emissions in the Peoples Republic of China (PRC).

September 1st, 2009 CHESTER, England - MBNA today announced the launch of a new credit card offering no balance transfer handling fee and an introductory rate of 1.9 % p.a. for 12 months on balance transfers.

September 1st, 2009 RIYADH - In cooperation with Ensan Charity Association in order to enhance its role in serving the community, Al Rajhi Bank recently launched "Ensan" Credit Card to support social and charity projects, in addition to encouraging charity spending to support key causes in the Saudi community. An agreement has been signed for launching this special product by HRH Prince Faisal bin Salman bin Abdul Aziz, Chairman of Ensan Charity and Mr.

August 6th, 2009 BEIJING - - Travel card offers business travelers exclusive services and promotions Air China has launched the 'Air China Business Travel Card', becoming the first airline in China's civil aviation industry to introduce such a service. (Logo: www.newscom.com/cgi-bin/prnh/20080625/CNW017LOGO ) In order to meet business passengers' needs, Air China has integrated the services offered through e-commerce and frequent flyer programs to launch the 'Air China Business Travel Card'.

July 18th, 2009 RIYADH, Saudi Arabia - Al Rajhi Bank CEO, Mr. Abdullah Sulaiman Al Rajhi announced that the Bank posted a net profit of SR 3,503 million, compared to SR 3,344 million during the same period last year, representing a 5% increase.

July 12th, 2009 NANJING, China - ET Solar Group Corp., a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic products including ingots, wafers, modules, and tracking systems announced a RMB100 million credit facility with China CITIC Bank. The facility has a 1-year tenor and is renewable at maturity upon satisfactory review by the bank.

July 6th, 2009 GENEVA - Leading independent oil trader Gunvor International B.V., headquartered in Amsterdam, has signed a revolving one-year credit facility of USD 600m, successfully refinancing and extending last year's debut of USD 370m. Just as the 2008 debut was oversubscribed, this year's refinancing also attracted significant interest and original plans for a USD 450m facility were extended by an additional USD 150m.

April 14th, 2009 CHESTER, England - At a time when small businesses are feeling the effects of the recession, MBNA has today announced the launch of a new business credit card, designed specifically with sole traders and small businesses in mind. The new MBNA Business Credit Card offers 0% p.a.

April 11th, 2009 RIYADH, Saudi Arabia - Al Rajhi Bank CEO, Mr. Abdullah Sulaiman Al Rajhi announced the financial results of the first quarter of 2009 where the Bank achieved SR 1,732 million in net profits compared to last year's net profits which were at SR 1,424 representing an increase of 21.6%.

March 15th, 2009 JOHANNESBURG - Major Step for Sino-African Cooperation The China-Africa Development Fund (CADFund) opened the first representative office in Johannesburg, South Africa today. The Fund will boost economic development in Africa by encouraging investment by Chinese enterprises.

February 3rd, 2009 BEIJING - China has sacked a top official of the state-run China Development Bank on corruption charges, officials said Wednesday. Wang Yi, vice president of the bank and a member of the Communist Party of China (CPC), was sacked for 'severe violation of disciplines and the law', the disciplinary commission of the CPC, said.

May 11th, 2009 China's new bank lending slows in AprilSHANGHAI — Chinese banks issued new loans worth 591.8 billion yuan ($87 billion) in April, less than a third of the previous month's total, the central bank said Monday, as lenders slowed the flow of credit aimed at stimulating the economy. The figure announced by the People's Bank of China was up 27 percent from the same month a year earlier but slightly below forecasts, in recent state media reports, for about 600 billion yuan ($88 billion) in new lending in April.

July 23rd, 2009 Credit Suisse reports $1.41 billion 2ndQ profitZURICH — Swiss bank Credit Suisse Group has reported a 29 percent rise in second-quarter net profit to 1.57 billion francs ($1.41 billion). The bank says the results include one-time charges, legal costs and tax benefits.

May 14th, 2009 BofA sells $7.3B stake in China Construction BankCHARLOTTE, N.C. — Bank of America Corp.

April 25th, 2009 China Construction Bank 1Q profit down 18 percentBEIJING — China Construction Bank Ltd., the country's second-biggest commercial lender by assets, said Saturday its first quarter profit fell 18 percent as interest rate cuts by China's central bank hurt revenues. Profit for the three months ending March 31 was 26.3 billion yuan ($3.8 billion), or 0.11 yuan per share, the Beijing-based lender said.

July 1st, 2009 MANILA - The Asian Development Bank (ADB) has approved a $100-million loan to undertake developmental projects in China's northwestern Xinjiang Uygur Autonomous Region, officials said Wednesday. The Xinjiang Urban Transport and Environmental Improvement Project, which will receive the money, will also initiate projects to protect the environment, the bank said.

January 18th, 2009 NEW DELHI - Indian Inc. needs to shift its focus from trade to investment in order to compete with China, Minister of State for Commerce and Power Jairam Ramesh said here Monday.

June 13th, 2009 Guwahati, June 13 (ANI): Congress MP from Arunachal East Constituency Takam Sanjoy has said the Chinese Government is blocking the development of Arunachal Pradesh by objecting to a loan from the Asian Development Bank. "A senior officer of the Chinese government, in the rank of vice-chairperson, objected to the sanction of 60 million dollars for Arunachal Pradesh at a meeting held in New Delhi in May to discuss a package of 2.9 billion dollars which was to be funded by the ADB for development work in the country," Sanjoy told reporters here.

April 23rd, 2009 Development banks pledge $90B to Latam, CaribWASHINGTON — Development banks on Wednesday pledged about $90 billion in loans to Latin America and the Caribbean over the next two years to help the region fight a looming recession and generate growth. The financial crisis is battering the region through lower commodity prices, slumping demand for exports and tighter credit.

September 23rd, 2009 WASHINGTON - The World Bank on Tuesday approved a 4.3 billion dollars loan for India to finance infrastructure projects, to help maintain credit growth levels, employment growth, support social banking and help strengthen the economic recovery from the global financial crisis. The loan includes a 2 billion dollar loan, which is designed for Banking Sector Support Loan, which would to boost the capital of state banks and maintain credit growth.