The Archive · 1936

Bank of China to Grant Advances

Mortgage and Credit Loans to Local Banks With special permission of its Board of Directors, the Bank of China has decided to" extend mortgage and credit loans to local commercial and native banks, with either cargo oF documents as security. The maximum amount of such loans 10 each bank {is $200,000, but this may be increased $500,000 if the business of the applicant amounts to over $10,000,000 a year.

Shops and factories with good ancial standing may also obtain credit loans from the Bank of China.

Text read from the printed page and cleaned; old type leaves the occasional error.

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