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China's banks offer over 537b yuan credit support for epidemic control
Updated: February 15, 2020 14:41 Xinhua

BEIJING — China's banks had provided over 537 billion yuan (about $76.89 billion) of credit support as of Feb 14 to help companies restore production amid the fight against the novel coronavirus outbreak, a senior official with the China Banking and Insurance Regulatory Commission (CBIRC) said on Feb 15.

Differentiated preferential financial credit supports have been offered to enterprises and the help for the areas hit hard by the novel coronavirus has been strengthened, Liang Tao, vice-chairman of the CBIRC, said at a press conference.

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