Under this service model, a client appoints CMB to extend a loan to a designated party for intended purposes under agreed terms (time limit, amount, interest rate etc.), supervise its use, and collect the repayment on its behalf using its own funds.
·Extends the investment channel for the client’s surplus funds;
·Meets the borrower’s funding requirements;
·Enables the client to generate high returns;
·Helps group companies to manage its funds;
·No risk for CMB as it is an intermediary service.
All the contents stated above are for your reference only. Please consult the local branch of China Merchants Bank for further information. China Merchants Bank reserves the ultimate right of interpretation for the contents in this page.