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UOB, Shanghai Qilu to provide financing of up to 3b yuan to Shandong-based firms

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Published Tue, Oct 23, 2018 · 09:50 PM

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UNITED Overseas Bank (UOB) has inked a pact with Shanghai Qilu Industrial, a state-owned company under the Shandong provincial government, to provide financing of up to three billion yuan (S$600 million) to Shandong-based companies.

The financing will help Shandong's leading companies in the logistics, construction, infrastructure and industrials sectors expand into South-east Asia, UOB said on Tuesday.

UOB

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