Mr. Yang Zilin Signed Individual Loan Facility Agreement with Angolan Finance Minister
On September 24, Mr. Yang Zilin, President of the Bank, signed with Mr. Jose de Morais, Minister of Finance of Angola, an Individual Loan Facility Agreement with a total amount of USD 72.645 million in Ministry of Foreign Affairs of Angola. The above Individual Loan Facility Agreement is for supporting the purchase projects of automobiles, transmission line equipment, and agriculture equipment, which are actually the first projects launched under the Master Loan Facility Agreement previously signed between Chinese and Angolan parties.