The announcement was made by ICBC amid a series of deals that have been signed during China’s president Xi Jinping’s visit to Britain this week.
Jiang Jianqing, chairman of ICBC, said that the latest deal represents a good opportunity for the financial institution to strengthen its business relations with global oil companies.
As at end-September 2015, ICBC has a portfolio of 318 ships, including those under construction, with a shipping lease assets valued at approximately RMB44.5bn ($7bn).
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed.
