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Corporate Banking

Credit Letter of Intent

Introduction

The credit letter of intent is an intent letter issued by our bank through preliminary approval for fixed asset item which has significant impact on regional economy or business based on customer's application before approving the research report of item feasibility by government authority department and with credit approving procedure unfulfilled. It can be considered as a base for approving the research report of item feasibility by government authority department. The credit letter of intent is a non-commitment document without legal binding.


Scope of application

Corporate customers.


Functions

Financial support provided to the customer has no legal force.


Procedure

1. The applicant submits information for the items needing to issue a credit letter of intent, and our bank will examine and approve it.

2. The letter should be issued after approval. For the two copies, one is for the enterprise and one is for the operating agencies.


(Note: For details, please call 961 111 or come to the nearby GRCB outlet.)

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