Service Profile
RMB Loans under Stand-by L/C is a financing service, with which, the China Merchants Bank,undercertain conditions, grant RMB loans  to its corporate clients guaranteed by stand-by letters of credit issued by overseas-funded banks.

Target Clients
Foreign banks

Term
Flexibly set according to actual need

Service Features and Advantages:
1.  Relatively low risk;
2.  Sharing client base with foreign banks;
3.  High quality service generally recognized on the market;
4.  Interest and fees based on market price;