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StanChart (S) completes 50m yuan loan transaction linked to Tianjin Eco-City

Singapore

STANDARD Chartered Bank on Tuesday said it has completed a transaction to provide 50 million yuan (S$10.8 million) in cross-border yuan-denominated loans from its Singapore branch to Tianjin Eco-City Keppel New Energy Development Co Ltd (TEC-Keppel) based in Tianjin, China.